Taxes
Cyprus — Personal Income Tax Overview
Cyprus taxes individuals on a progressive scale. The Tax Department's 2026 form lists a 0% rate up to €22,000, 20% from €22,001 to €32,000, 25% from €32,001 to €42,000, 30% from €42,001 to €72,000 and 35% above €72,000. Rental income is declared on the income tax return, with a 20% expenditure allowance on rented buildings. The Tax Department has a dedicated Tax Reform 2026 page with a personal income tax calculator and an explanatory guide; use it for details of the 2026 reform, including any special regimes for new residents, which
VerifiedGovernment / official sourceCyprus Tax Department — 2026 personal income tax declaration formLast reviewed: 2026-10-23
Key facts
- 2026 income tax bands: 0% to €22,000; 20% from €22,001 to €32,000; 25% to €42,000; 30% to €72,000; 35% above €72,000.
- The Tax Department publishes a Tax Reform 2026 page with a personal income tax calculator and an explanatory guide.
- Rental income is declared on the return, with a 20% expenditure allowance on rented buildings.
Common mistakes
- Using the pre-2026 bands (0% to €19,500) — the 2026 form lists a €22,000 tax-free threshold.