About
What the calculator does
Calculates Cyprus income tax for 2026 and compares it to 2025. Includes GHS, social insurance, SDC, personal credits, and all relevant limits/deductions from the provided data and official sources.
How the calculations work
Deductions (GHS, social insurance, pensions, insurance — within the 1/5 cap) are applied first to get taxable income. Progressive tax bands are then applied. 2026 personal credits (children, housing, green/EV, home insurance) reduce tax after bands.
What you need to enter
Personal details, income (salary, bonus, other), contributions/deductions, and 2026 credit inputs. For families, partner details are also required.
How results are shown
You get per‑person breakdowns, household totals, monthly/annual views, and a 2025 vs 2026 comparison. Monthly net is based on base salary, while bonus is shown separately.
Household expenses
After completing the calculator, you can enter basic monthly expenses to visualize how your net income is spent.
Important note
This tool provides estimates and is not official guidance. Tax rules are complex and may change. Consult a qualified professional for critical decisions.