Calculate your net income in Cyprus with accurate deductions for Social Insurance, GHS, and income tax
Annual amount only
According to Cyprus tax law, total deductions cannot exceed 20% of gross salary for tax purposes.
Effective tax deductions: €0.00 (20%)
Amount exceeding limit: €0.00
| Start | End | Rate | Tax Deducted |
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This calculator helps you determine your net salary in Cyprus by deducting Social Insurance, the General Healthcare System (GHS), income tax, and any other optional or mandatory contributions from your gross salary.
Your total salary before any deductions. You can enter it monthly or yearly.
The amount you pay for a life insurance policy. Some or all of this may be tax-deductible (depending on the legal limits). Enter it monthly or yearly.
A retirement or savings plan (often employer-sponsored). The contribution is typically a percentage of your gross salary and may reduce your taxable income.
If you belong to a professional union or association, you might pay a percentage of your salary as union fees. These fees can sometimes be deducted from your taxable income.
Any additional deductible expenses or allowances you can legally claim (e.g., charitable donations, specific social contributions, etc.). Enter the annual total here if applicable.
Taxable Income is calculated as: Gross Salary - (Social Insurance + GHS + Life Insurance + Provident Fund + Union Fees + Other Deductions). The exact deductibility of each item may depend on current Cyprus tax laws.
Once the taxable income is determined, the calculator applies the Cyprus tax brackets to calculate your income tax. Your net salary is then: Gross Salary - (All Contributions + Tax). The result is your take-home pay, shown with both monthly and annual breakdowns.