Personal Income Tax Calculator
Calculate your complete Cyprus tax liability and take-home pay
Income Sources
Enter all your annual income sources
Gross annual employment income before deductions (€)
Gross annual rental income (20% deemed expenses will be applied) (€)
Annual dividends received (€)
Annual interest income (€)
Deductions & Status
Enter your deductions and employment status
Annual contributions to approved pension funds (deductible) (€)
Employment Exemptions for New Employees
- 50% Exemption: Salary over €55,000, valid for 17 years
- 20% Exemption: Maximum €8,550 deduction, valid for 7 years
- Both apply to first-time Cyprus employment only
Your Tax Calculation
Complete breakdown with scenario comparison
Annual Take-Home Pay
€0
Effective Tax Rate: 0%
Scenario Comparison
No Exemption
Take-Home Pay
€0
Tax: €0
50% Exemption
Take-Home Pay
€0
Tax: €0
20% Exemption
Take-Home Pay
€0
Tax: €0
Detailed Breakdown
No Exemption
Take-Home Pay
€0
Tax: €0
50% Exemption
Take-Home Pay
€0
Tax: €0
20% Exemption
Take-Home Pay
€0
Tax: €0
| Income | |
| Employment Salary | €0 |
| Rental Income (Gross) | €0 |
| Dividend Income | €0 |
| Interest Income | €0 |
| Total Gross Income | €0 |
| Deductions & Contributions | |
| Employment Exemption | €0 |
| Pension Contributions | €0 |
| Social Insurance (Employee 8.3%) | €0 |
| GESY Contribution (2.65%) | €0 |
| Tax Liability | |
| Income Tax | €0 |
| SDC on Dividends (17%) | €0 |
| SDC on Interest (30%) | €0 |
| Total Tax & Contributions | €0 |
| Net Take-Home Pay | €0 |
Key Information
- Progressive income tax: 0% up to €19,500, then 20%-35% on higher brackets
- Social Insurance: 8.3% on employment income (capped at €58,080 annually)
- GESY: 2.65% on all income types (capped at €180,000 annually)
- Rental income: 20% deemed expenses automatically deducted
- Pension contributions: Tax-deductible up to certain limits
- Non-dom status: Exempt from SDC on dividends and interest for 17 years
Maximize Your Tax Savings in Cyprus
Our tax advisors can help you choose the best employment exemption, optimize deductions, and ensure you’re taking full advantage of Cyprus tax benefits.
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Disclaimer: This calculator provides estimates based on Cyprus tax laws for 2025. Actual tax liability may vary based on specific circumstances, additional deductions, and individual situation. Social insurance caps and GESY limits apply. Employment exemptions are subject to eligibility requirements (first-time Cyprus employment). For accurate tax assessment and personalized advice, consult with a qualified Cyprus tax advisor or accountant.