2025 vs 2026 Tax Comparison
Compare your Cyprus personal income tax under the old 2025 rules and the new 2026 bands, and see exactly how much the reform saves you.
Income tax: 2025 rules vs 2026 rules
Tax-free up to €19,500 · effective 12.21%
Tax-free up to €22,000 · effective 10%
The bands compared
| Rate | 2025 band | 2026 band |
|---|---|---|
| 0% | €0 – €19,500 | €0 – €22,000 |
| 20% | €19,501 – €28,000 | €22,001 – €32,000 |
| 25% | €28,001 – €36,300 | €32,001 – €42,000 |
| 30% | €36,301 – €60,000 | €42,001 – €72,000 |
| 35% | over €60,000 | over €72,000 |
The 2026 reform raised the tax-free threshold from €19,500 to €22,000 and widened every band, so most individuals pay less personal income tax. (The corporate income tax rate moved the other way — up from 12.5% to 15%.) This compares income tax only; Social Insurance (8.8%) and GHS (2.65%) rates were unchanged. Estimate only.
Disclaimer: These calculators provide general estimates based on the 2026 Cyprus tax framework and standard assumptions. They do not account for every personal circumstance, allowance or exemption and are not tax advice. Speak to us before acting on any figure.
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