Cyprus Income Tax Calculator 2026
PAYE 0-35% progressive brackets, EUR 19,500 tax-free threshold.
Cyprus Tax System
Personal income tax in Cyprus is collected through Pay As You Earn (PAYE) with five progressive brackets. The first EUR 19,500 of annual income is tax-free. Rates then progress from 20% up to 35% for income above EUR 60,000 per year. Cyprus tax residents pay no wealth tax and no tax on capital gains from shares or securities.
2026 Rates: PAYE 0-35% (5 brackets), EUR 19,500 tax-free threshold.
Cyprus Income Tax Calculator 2026
PAYE 0-35% progressive brackets, EUR 19,500 tax-free threshold.
Annual Income50.000,00 €
PAYE Tax (0–35%)7.885,00 €15.8% effective
Net Income After Tax42.115,00 €