Cyprus tax calculator: net salary, social insurance and GESY for 2026
See your take-home pay in Cyprus with the 2026 tax bands, social insurance, GESY, child deductions and any exemption, and what the job costs your employer.
Rules checked October 2026More options2026, 12 salaries, no exemption
€3,774 a month
€45,291 a year from €60,000 gross, paid in 12 salaries
- Net pay
- €45,291 75.5%
- Income tax
- €7,839 13.1%
- Social insurance
- €5,280 8.8%
- GESY
- €1,590 2.6%
Compared with 2025
net €985 a year less
Net pay in 2025 would be €44,306 a year, less by €985.
Cost for the employer
about €69,240 a year
€69,240 a year
Salary plus about €9,240 of employer contributions: social insurance, Social Cohesion Fund, redundancy and training funds, GESY.
How it works
- 1
Contributions first
Social insurance and GESY are taken from gross pay.
- 2
Deductions
Contributions, child deductions and exemptions reduce taxable income.
- 3
Bands
2026 bands: 0% to €22,000, then 20%, 25%, 30% and 35% above €72,000.
Questions
Is the 13th salary included?
Choose 13 salaries a year to split the same annual pay into 13 payments.
Why is employer cost approximate?
Fund rates and ceilings vary by sector; your payroll company confirms them.
Sources and limits
- Income Tax Law 118(I)/2002 (consolidated, cylaw.org): 2026 tax scale and deductions, checked 28 October 2026
- Social Insurance Services: maximum insurable earnings 2026 (€5,742 a month, €68,904 a year; notice of December 2025), checked 28 October 2026
- Business in Cyprus (gov.cy): social insurance registration and contribution rates, checked 28 October 2026
- Health Insurance Organisation: GHS financing and contribution rates (2.65% for employees), checked 28 October 2026
- PwC Worldwide Tax Summaries: Cyprus taxes on personal income (reviewed 4 August 2026), checked 28 October 2026
- KPMG Cyprus: main provisions of the 2026 tax reform, checked 28 October 2026
- Individual Income Tax Return — Tax Department
A model of published rules, not tax advice. Rules checked October 2026; we confirm them for your case before you act.
Related services
Other tools
All toolsTax exemption calculator
20%, 25% or 50% off your income tax: check eligibility, years left and savings year by year.
Open the toolTax residency checker
Check the 60-day and 183-day rules for this year in under a minute.
Open the toolRoute finder for employers
Which permit route fits your company: fast track, Blue Card, employer of record or standard.
Open the toolHave an adviser check it
Send us your result. A coordinator replies within one working day.