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.
Cyprus salary & employer cost calculator · 2026
Cyprus Salary Calculator 2026
Understand salary from every side: calculate take-home pay, find the gross salary behind a net target or estimate the total cost of hiring in Cyprus.
Open the calculator
Free, private and instant
01Choose a viewEmployee or employer
02Enter an amountGross, net or budget
03See the full pictureClear 2026 breakdown
Interactive salary workspace
One calculator, four useful answers
Estimate employee take-home pay, required gross salary or the total cost of hiring with Cyprus 2026 rates.
What is included
How each Cyprus salary estimate is built
Switch between employee and employer views. The calculator applies the relevant 2026 deductions, tax bands and employer contributions to the direction you choose.
PAYE and tax relief
Progressive 2026 income-tax bands, eligible TD59A deductions and the optional dependent-child deduction shape estimated PAYE.
Employer on-costs
Employer Social Insurance, GESY, Social Cohesion, Redundancy and HRDA contributions are added above gross salary.
Holiday Fund
Select the employer's applicable Central Holiday Fund rate from the official 8% to 16% range. It affects employee contributions as well as employer cost.
2026 Cyprus rates
Personal income-tax bands used
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% |
| €22,001 - €32,000 | 20% |
| €32,001 - €42,000 | 25% |
| €42,001 - €72,000 | 30% |
| Over €72,000 | 35% |
Cyprus Tax Department2026 personal income-tax bands
Social Insurance Services2026 maximum insurable earnings
Social Insurance ratesEmployee and employer contribution rates
Health Insurance OrganisationGESY contribution rates and ceiling
Business in CyprusEmployer statutory contribution rates
Central Holiday FundOfficial contribution-rate guidance
2026 family tax benefitsDependent-child deductions and thresholds
Official TD59A 2026Employee tax deductions and PAYE guidance
Cyprus Tax Return GuideEmployment months and 13th-salary reporting
Official rates and thresholds last checked on 9 August 2026.
Frequently asked questions
Cyprus salary and employer-cost questions
Is this the exact amount I will receive?
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.
Why does the employment start month change the result?
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.
Does the calculator include a 13th salary?
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.
How is provident fund handled?
The selected employee provident-fund percentage is deducted from estimated take-home pay. For income-tax purposes, Social Insurance, GESY and eligible fund contributions are restricted by the statutory combined deduction limit used by the calculator.
What does the employer-cost calculation include?
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.
Can I calculate gross salary from a net target or hiring budget?
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.
How is the dependent-child deduction applied?
Open Advanced options, confirm that the children meet the official dependent-child definition, and enter the number of children and annual family gross income. The calculator applies the 2026 per-child amount only within the relevant income threshold. Select the single-parent option where applicable to use the doubled taxpayer deduction.
How does the Holiday Fund rate affect the calculation?
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.
Are my salary details saved?
No. The calculation runs locally in your browser. The calculator does not submit or store the salary figures you enter.
Who should review a complex salary calculation?
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.