Rule monitor
LawSocial Security wage base for 2027 set at $192,300 (6.2% each for employee and employer)1 Jan 2027LawTax-free amount of salary rises to RSD 37,369 a month (Official Gazette 80/2026)1 Jan 2027LawNon-taxable minimum rises to €570 a month1 Jan 2027CabinetMinimum monthly wage rises to €1,245 (Government resolution No 509)1 Jan 2027LawThe 5-point SGK discount for manufacturing employers ends on 31 December 2026 unless the President extends it (Law 5510, provisional Art. 108)1 Jan 2027DueIRS 2027 inflation adjustments (brackets, standard deduction)Nov 2026LawNew withholding tax key formula: tax-free amount €11,550 and new child reductions1 Nov 2026DueAutumn Budget — income tax thresholds already frozen to April 203128 Oct 2026Cabinet2027 contribution ceilings: pension €8,850, health €6,375 a month7 Oct 2026BillBudget 2027 — standard rate band +€2,500, personal credits €2,1256 Oct 2026LawContribution ceilings raised: CCSS €10,000, CAR €6,276, CMRC band A €4,067 a month1 Oct 2026Law2027 minimum wage set at 4,950 zł a month (Council of Ministers regulation)15 Sept 2026LawMaximum insurable income rises to €2,300 a month (from €2,111.64)1 Aug 2026LawMinimum wage RON 4,325; tax-free amount on the minimum wage cut to RON 200 for gross pay up to RON 4,6001 Jul 2026LawNew split of the 28% contributions: pension 19.9%, unemployment 0.1% (Official Gazette 148/2026)1 Jul 2026LawIndex tranche +2.5%: social minimum wage €2,771.33, contribution ceiling €13,856.631 Jun 2026LawMinimum wage (SMIC) raised to €12.31 an hour1 Jun 2026Law2026 contribution order published: ceiling €5,101.20 a month, MEI levy 0.90%31 Mar 2026LawCompulsory health contribution rises to €39.36 a month (Official Gazette 16/2026)1 Mar 2026LawNew 2026 IRS withholding tables for the mainland, Azores and Madeira1 Jan 2026LawIRPEF second bracket (€28,000–50,000) cut from 35% to 33%1 Jan 2026LawIGR reform: the SMaC card deduction becomes a tax credit (Law 141/2025)1 Jan 2026LawPension contribution up to 8.5% (employee and employer); CO2 tax credit €216 a year1 Jan 2026Law2026 average wage 48,967 Kč: 23% tax above 146,901 Kč a month, social insurance ceiling 2,350,416 Kč a year1 Jan 2026LawFour income tax bands from 2026 — 19, 25, 30 and 35%; employee health insurance 5%1 Jan 2026LawFamily allowance in 2026: 133,340 Ft a month per dependant with one child, twice the early-2025 amount1 Jan 2026Law2026 withholding tax tariffs for all 26 cantons; BVG thresholds unchanged (entry CHF 22,680, coordination deduction CHF 26,460)1 Jan 2026LawNew 0.2% employee contribution to the family fund for the parental allowance; employee AHV/IV/FAK now 4.90%1 Jan 2026LawBracket reform: middle tax (7.5%), top tax (7.5%) and top-top tax (5%) replace the 15% top tax; employment deduction 12.75%, at most DKK 63,3001 Jan 2026LawLarger job tax credit; state income tax threshold raised to SEK 643,0001 Jan 2026LawSocial security contribution cut to 7.6%; personal allowance NOK 114,540; bracket tax steps 4 and 5 at 16.8% and 17.8%1 Jan 2026LawNew income tax scale with a 37.5% top rate; earned income credit up to €3,430; employee pension contribution 7.30%1 Jan 2026LawNew income tax scale: 20%, 26%, 34% and 39% bands, lower rates for children and people up to 30 (Law 5246/2025)1 Jan 2026LawTax-free band €22,000, new bands and article 14B deductions for children, housing and green spending (Law 244(I)/2025)1 Jan 2026LawWithholding brackets raised to ISK 498,122 and 1,398,450 a month; personal allowance ISK 72,492 a month1 Jan 2026LawHighest monthly contribution base €11,958; average wage for contribution bases €1,993 (NN 150/2025)1 Jan 2026LawMinimum wage ALL 50,000; maximum wage for social insurance contributions ALL 186,4161 Jan 2026LawBasic exemption of €700 a month for everyone, whatever the income; income tax stays at 22%1 Jan 2026LawMinimum wage rises to UAH 8,647 and the tax social benefit to UAH 1,664 (State Budget Law No 4695-IX)1 Jan 2026LawEmployer pension contribution rises to 12% and the SGK earnings ceiling to 9 times the minimum wage; the general Treasury discount falls to 2 points (Law 7566)1 Jan 2026CabinetMinimum wage rises to MDL 6,300 a month (Government Decision 771/2025); personal exemption unchanged at MDL 29,700 a year1 Jan 2026LawFederation of BiH: employer contributions cut from 10.5% to 5% of gross pay (Official Gazette 33/25)1 Jul 2025LawEmployer pension contribution cut to 0%; the employee pays 10% (Official Gazette 94/2024)1 Oct 2024LawNew wage tax bands: 0% up to €250, 8% up to €450, 10% above (Law 08/L-142)23 Aug 2024
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Salary CodexPay & tax intelligence

Methodology · Cyprus

How we calculate Cypriot net pay

The calculator applies the consolidated texts of the Income Tax Law, the General Healthcare System Law and the Social Insurance Law, with the Contributions Regulations and the decrees on basic insurable earnings — see data sources.

Social insurance

Employee and employer each pay 8.8% of earnings up to the maximum insurable earnings. The weekly ceiling is six times the basic insurable earnings and the monthly ceiling 13/3 of the weekly one, in whole euros: €1,325 a week and €5,742 a month in 2026 (€1,281 and €5,551 in 2025). The law allows up to 8.9% from 2024; the 8.8% rate set by the actuarial study applies. A 13th salary is spread over the months of the year so that the total stays within the monthly ceiling.

GHS

The General Healthcare System contribution is 2.65% for the employee and 2.90% for the employer, on earnings up to €180,000 a year.

Income tax

Tax is worked out for the whole year. Social insurance and GHS contributions (article 9, up to one fifth of taxable income) and article 14B deductions come off annual pay. The 2026 scale is 0% up to €22,000, 20% up to €32,000, 25% up to €42,000, 30% up to €72,000 and 35% above; in 2025 the limits were €19,500, €28,000, €36,300 and €60,000. Your employer spreads the annual tax evenly over the salary payments.

Article 14B deductions

From 2026 each parent deducts €1,000 for the first, €1,250 for the second and €1,500 for each further dependent child; single-parent families get double. Spouses, civil partners and people living alone deduct rent or mortgage interest on their main home up to €2,000, and spending on energy upgrades, renewables or an electric car up to €1,000. The deductions apply when family income is no more than €40,000 for someone living alone, €100,000 with no children or up to two, €150,000 with three or four and €200,000 with five or more, and the tax return is filed on time.

Employer cost

Employer cost counts the employer's social insurance (8.8%, with the same ceiling) and the employer's GHS contribution (2.90%).

Tests

TestScopeResult
Tax scaleEvery band limit for 2025 and 2026Tested
Social insurance ceilingRegulation 8 with basic insurable earnings of €213.54 and €220.76: €1,281 / €5,551 and €1,325 / €5,742Tested
Worked example at €3,000 a monthSI, GHS, the article 9 deduction, taxable income and tax worked by handMatching
13th salary and article 14BThe 13th salary within the SI ceiling, child, housing and green deductions, income limitsTested

Not yet included

  • Employer contributions to the Social Cohesion Fund, the Redundancy Fund and the Human Resource Development Authority.
  • Provident or pension fund contributions and life or health insurance premiums (article 9).
  • The 20% and 50% exemptions for people taking up employment in Cyprus.
  • Pay from several employers, pensions and self-employment.

Estimates only. Not tax, legal or financial advice.

Salary Codex