Income tax and NI
A person living and working permanently in Cyprus will have their income taxed as follows:
| Taxable income | Rate |
| Up to EUR 19,500 | Nil |
| EUR 19,501 to EUR 28,000 | 20% |
| EUR 28,001 to EUR 36,300 | 25% |
| above EUR 36,301 | 30% |
Employers and employees are required to make National Insurance Contributions at the rate of 6.3%.
The above information is published in good faith and is correct to the best of our knowledge, but please check the details with independent sources before relying on it.
Other Links
- Price and Payment Terms
- The Cost of Purchasing and On-Going Expenses
- Approval of the Council of Ministers
- Specific Performance
- Stamp Duty
- Property Transfer Tax
- Local authority tax
- Solicitors
- Banks
- On-going expenses
- Maintenance charges
- Living expenses
- Home insurance
- Retirees
- Personal taxation
- Income tax and NI
- Inheritance Tax
- Selling your property
- Capital Gains Tax