🇨🇾 Cyprus Statutory Tax Guide
Cyprus Tax Brackets & Rates (2026)
Comprehensive statutory tax rates, withholding thresholds, social contributions, and deduction rules governed by Tax Department of Cyprus.
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📜 Statutory Authority & Legal Framework
In Cyprus, personal income taxation is administered by the Tax Department of Cyprus under the authority of Income Tax Law No. 118(I)/2002.
Cyprus progressive income tax with €19,500 tax-free threshold, brackets from 20% to 35%, and 8.3% Social Insurance + 2.65% GeSY.
📊 2026 Progressive Marginal Tax Brackets
Currency: EUR| Income Bracket (€) | Marginal Tax Rate | Bracket Type |
|---|---|---|
| Up to €19,500 (0%) | 0.0% | Tax-Free Allowance |
| €19,501 – €28,000 (20%) | 20.0% | Tier 2 |
| €28,001 – €36,300 (25%) | 25.0% | Tier 3 |
| €36,301 – €60,000 (30%) | 30.0% | Tier 4 |
| Over €60,000 (35%) | 35.0% | Tier 5 |
🛡️ Mandatory Social Security & Pension Contributions
Social Insurance + GeSY Healthcare
Employee Share: 10.9%
Employer Share: 14.9%
Frequently Asked Questions: Cyprus Taxation
What are the income tax brackets in Cyprus? ↓
Cyprus operates a progressive tax system administered by Tax Department of Cyprus under Income Tax Law No. 118(I)/2002.
What social security or pension contributions apply in Cyprus? ↓
Mandatory contributions include: Social Insurance + GeSY Healthcare (10.9%).