Professional in Cyprus reviewing a payslip and estimated take-home salary
Cyprus salary & employer cost calculator · 2026

Cyprus Salary Calculator 2026

Estimate take-home pay, required gross salary or hiring cost 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.

PrivateNo salary data stored 2026Source review status below
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Calculation direction

02
Your live estimateUpdated from the details you enter
Employee · Gross to net
Sources checked: 5 October 2026

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 excluded
Estimated net per salary payment €0.00 €0.00 estimated net per year
You keep0%
Average net per calendar month worked€0.00Includes the 13th salary spread across the months worked. This is a budgeting average, not an extra payment.
Employee deductions per payment €0.00
Where your annual gross salary goesLive composition
Gross salary Social Insurance GESY PAYE tax Provident fund Other
Annual gross€0.00
Annual net€0.00
Social Insurance-€0.00
GESY-€0.00
PAYE tax-€0.00
Taxable income€0.00

Standard estimate: calculated for a private-sector employee with salary income in Cyprus and no special employment-income exemption.

Compare two job offers

Set up the first offer above and capture A. Change the salary or options, then capture B.

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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.

No offers captured yet.

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.

Sources checked: 5 October 2026

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 excluded

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.

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.

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 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

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 - €22,0000%
Over €22,000 to €32,00020%
Over €32,000 to €42,00025%
Over €42,000 to €72,00030%
Over €72,00035%
Sources checked: 5 October 2026

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

Cyprus salary and employer-cost questions

How do I handle income from a previous employer?

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.

Use the official TD59 tool with payroll.

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 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.

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?

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.

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.