Employee deductions
Employee Social Insurance at 8.8% and GESY at 2.65% are applied to the applicable contribution base, including a selected Holiday Fund rate, up to the official ceilings.
Estimate take-home pay, required gross salary or hiring cost in Cyprus.
Estimate employee take-home pay, required gross salary or the total cost of hiring with Cyprus 2026 rates.
Set up the first offer above and capture A. Change the salary or options, then capture B.
Each offer keeps its own salary, 12/13 payments, start month and deductions. Captured figures stay unchanged when you edit the calculator. Refreshing or leaving the page clears the comparison.
Uses the current calculated gross package, start month and deductions for both offers. Replaces A and B. Only payment frequency changes; it does not add an extra salary to the annual package.
No offers captured yet.
| Measure | Offer A | Offer B |
|---|
Compare annual take-home pay as well as each salary payment: a 13th salary can change which offer pays more over the year. Earlier employment income and non-salary benefits are not included.
Checked: 2026 income-tax bands, the combined 1/5 deduction limit, child-relief rules, standard employee/employer Social Insurance (8.8% each), GESY (2.65% / 2.90%), Redundancy (1.2%), HRDA (0.5%), Social Cohesion (2%) and Holiday Fund rates and contribution base. The 2026 Social Insurance ceiling is €5,742 per month; GESY uses €180,000 per year. Fund tax relief requires an amount eligible under the fund approval. Special pension schemes, retirement-age exceptions, earlier/other income and payroll reconciliation are outside this estimate.
What was checked and what is excludedWhat is included
Switch between employee and employer views. The calculator applies the relevant 2026 deductions, tax bands and employer contributions to the direction you choose.
Employee Social Insurance at 8.8% and GESY at 2.65% are applied to the applicable contribution base, including a selected Holiday Fund rate, up to the official ceilings.
Progressive 2026 income-tax bands, eligible TD59A deductions and the optional dependent-child deduction shape estimated PAYE.
Employer Social Insurance, GESY, Social Cohesion, Redundancy and HRDA contributions are added above gross salary.
Select the applicable Holiday Fund rate. The listed 8%–16% rates cover up to 40 leave days on a five-day week or 48 on a six-day week. Longer leave can require a higher rate and is outside this calculator.
2026 Cyprus rates
Tax is calculated progressively. Only the portion of taxable income inside each band is charged at that band's rate.
| Annual taxable income | Tax rate |
|---|---|
| €0 - €22,000 | 0% |
| Over €22,000 to €32,000 | 20% |
| Over €32,000 to €42,000 | 25% |
| Over €42,000 to €72,000 | 30% |
| Over €72,000 | 35% |
Checked: 2026 income-tax bands, the combined 1/5 deduction limit, child-relief rules, standard employee/employer Social Insurance (8.8% each), GESY (2.65% / 2.90%), Redundancy (1.2%), HRDA (0.5%), Social Cohesion (2%) and Holiday Fund rates and contribution base. The 2026 Social Insurance ceiling is €5,742 per month; GESY uses €180,000 per year. Fund tax relief requires an amount eligible under the fund approval. Special pension schemes, retirement-age exceptions, earlier/other income and payroll reconciliation are outside this estimate.
Frequently asked questions
This calculator does not combine employers. Give payroll your previous-employer earnings, contribution and tax-withholding statements, together with your completed TD59. The official 2026 tool includes previous employment under other income (A3–A5), calculates tax on total taxable income, then allocates withholding to the income paid by the current employer. Its formula does not simply subtract previous PAYE from annual tax. Ask payroll to confirm the amount and number of remaining payments.
No. It is a payroll estimate based on the information entered and the standard 2026 rates. Your payslip may differ because of bonuses, benefits, special tax exemptions, provident or pension arrangements, other income, approved deductions and employer-specific payroll treatment.
The calculator estimates remuneration, contributions and PAYE for the number of months employed during 2026. It assumes the selected job is your only Cyprus employment income for the year. If you select 13 salaries and start after January, the 13th salary is estimated proportionally because its actual treatment depends on the employment contract and payroll policy.
Yes. For a January start, selecting "13 salaries" uses 13 equal salary payments. For a later start month, the calculator assumes a proportional 13th salary for the months employed. The official tax-return guidance treats a 13th salary as remuneration, not as an additional month of employment.
The full employee fund contribution reduces take-home pay. Enter its tax-eligible percentage separately, as confirmed by payroll under the fund approval. Unconfirmed eligibility defaults to 0% tax relief. Eligible fund contributions, Social Insurance and GESY then share the combined 1/5 limit. Pension and health schemes can have additional restrictions before that limit.
It adds employer Social Insurance, GESY, Social Cohesion, Redundancy and HRDA contributions to annual gross salary. Central Holiday Fund is added only when you select an applicable rate. Employer provident contributions, insurance, bonuses and benefits in kind are not included.
Yes. Choose Employee and Net to Gross to estimate the gross salary required for a target take-home amount. Choose Employer and Budget to Gross to estimate the gross salary supported by a total employment budget.
In Advanced options, enter your eligible dependent children separately from the children counted for your household income limit. Select your family situation, enter the relevant annual gross income and confirm the official conditions. The deduction is €1,000 for the first dependent child, €1,250 for the second and €1,500 for each additional child. Qualifying single-parent families receive double; sole persons with shared parental responsibility use the €40,000 limit without doubling.
The official rate depends on the working week and annual-leave entitlement and may range from 8% to 16%. When selected, the contribution is added to the base used for employee and employer contributions and to employer cost. It is not deducted directly from employee net salary. Employers with an approved exemption should leave it excluded.
No. The calculation runs locally in your browser. The calculator does not submit or store the salary figures you enter.
For relocation exemptions, multiple income sources, benefits in kind, specialised pension arrangements or other non-standard circumstances, request a calculation from your employer's payroll team, accountant or qualified tax adviser.
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Important: This calculator provides a general estimate for informational purposes and does not constitute tax, legal, accounting or payroll advice. It is not an official calculator of the Republic of Cyprus. Rates and thresholds are marked for the 2026 tax year and should be reviewed whenever legislation or official payroll guidance changes.