Tax Year
2025
2026
Apply Provident Fund
Rental Income
Tax Deductions & Reliefs
1st: €1,000, 2nd: €1,250, 3rd+: €1,500
Max €2,000
Max €1,000
Max €500
2026 Incentives apply only if Tax Year 2026 is selected.
Insurance is deductible up to certain caps (2% gross for health, 1/5 or 1/6 total deduction limit).
Net Monthly
€0.00
Net / month
€0.00
Tax / month
€0.00
Net / year
€0.00
Tax / year
€0.00
Net Pay
| Net Monthly | €0.00 |
|---|---|
| Net Annual | €0.00 |
Deductions
| Social Insurance | €0.00 |
|---|---|
| Gesy | €0.00 |
| Income Tax | €0.00 |
| Tax Deductions | €0.00 |
| Provident Fund | €0.00 |
| Gesy on Rent | €0.00 |
| Income Tax on Rent | €0.00 |
| Defense (SDC) on Rent | €0.00 |
Breakdown
| Gross Annual | €0.00 |
|---|---|
| Taxable Income | €0.00 |
| Effective Tax Rate | €0.00 |
Deduction Composition
Tax Breakdown by Bracket
Computed dynamically from your taxable income and chosen bands.
| Start | End | Rate | Tax Deducted |
|---|---|---|---|
| Total | €0.00 | ||
Employment vs Rental
| Employment Gross Annual | €0.00 |
|---|---|
| Rental Gross Annual | €0.00 |
| Employment Net / month | €0.00 |
| Rental Net / month | €0.00 |
| Monthly Net (pay month + rent) | €0.00 |
| Total Net Annual | €0.00 |
Total Net / calendar month is the average across 12 calendar months (rent spread evenly).
Monthly Breakdown (Simulation)
Cyprus Tax Facts (2025-2026)
Social Insurance
Employees contribute 8.8% on their gross earnings. This is deducted before Income Tax calculation.
GHS (Gesy)
A 2.65% contribution supports the General Healthcare System. It is applied to your gross income.
Income Tax (2026 Reform)
The proposed reform increases the tax-free threshold to €22,000 (from €19,500) and adjusts brackets to reduce the tax burden for middle-income earners.
Tax Deductions
You can reduce your taxable income through life insurance, health insurance, and – starting in 2026 – credits for children and green investments.