Cyprus salary calculator 2026: gross to net
Type your gross salary and see what reaches your bank account under the 2026 rules: social insurance, GESY and income tax, with the 13th salary, the new child and rent deductions, and the employer's side.
Take-home pay
Children
You take home
€1,594 a month
€19,127 a year · 89% of your gross
- Take-home 89%
- Income tax 0%
- Social insurance 9%
- GESY 3%
- Social insurance 8.8%
- −€1,901
- GESY health 2.65%
- −€572
- Taxable income
- €19,127
- Income tax
- €0
No income tax: the first €22,000 a year is tax-free.
The 2026 tax reform does not change your pay: you pay no income tax under either year's rules.
Your income tax, band by band
| Band | Rate | Your income in it | Tax |
|---|---|---|---|
| €0 – €22,000 | 0% | €19,127 | €0 |
| €22,000 – €32,000 | 20% | €0 | €0 |
| €32,000 – €42,000 | 25% | €0 | €0 |
| €42,000 – €72,000 | 30% | €0 | €0 |
| over €72,000 | 35% | €0 | €0 |
How the calculation works
- 1
Social insurance 8.8%
On pay up to €5,742 a month (€68,904 a year). Your employer pays the same 8.8% on top of your salary.
- 2
GESY 2.65%
Your contribution to the national health system, on income up to €180,000 a year.
- 3
Tax-free €22,000
Social insurance and GESY come off before tax. The first €22,000 of the rest is tax-free from 2026.
- 4
Then 20% to 35%
20% to €32,000, 25% to €42,000, 30% to €72,000 and 35% above, each rate only on the part in its band.
Questions about pay and tax
How much salary is tax-free in Cyprus in 2026?
The first €22,000 a year of taxable income. Because social insurance and GESY are deducted first, with 12 salaries you pay no income tax up to about €2,070 gross a month, and with 13 salaries up to about €1,910.
What is deducted from my salary?
Social insurance 8.8% (on pay up to €5,742 a month), GESY 2.65%, and income tax if your taxable income is over €22,000 a year. Nothing else is deducted by law; anything more, such as a provident fund, is in your contract.
What changed with the 2026 tax reform?
The tax-free amount went up from €19,500 to €22,000, the bands were widened, 35% now starts at €72,000 instead of €60,000, and there are new deductions for children (from €1,000 per child per parent) and for rent or mortgage interest on your home (up to €2,000), within family income limits.
What is the 13th salary?
An extra month's pay, usually in December. It is not required by law for every job: it comes from your contract or a collective agreement (common in hotels, banks and the public sector). Check your contract and choose 12 or 13 in the calculator.
How much is the minimum wage after deductions?
From 1 January 2026 the national minimum wage is €979 gross a month when you are hired and €1,088 after six months with the same employer (hotel staff, domestic workers, agriculture and seafarers have their own rules). At €1,088 you pay no income tax; after social insurance and GESY about €963 a month reaches you.
What does the calculator not include?
The 20% and 50% exemptions for people who move to Cyprus for their first job here, provident funds, life insurance and other personal deductions. It is an estimate for a tax-resident employee, not tax advice: your payslip and an accountant have the final word.
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Rules as of 3 November 2026: income tax bands from 1 January 2026, social insurance and GESY rates and caps for 2026 (PwC Worldwide Tax Summaries; KPMG Cyprus).