What this covers
The 2026 tax reform changed the personal income tax bands in Cyprus for the first time in many years. The tax-free threshold went up, a new top rate was added, and the bands in between were widened.
These are the bands as published by the Tax Department, alongside the ones they replaced, so you can see exactly what moved.
The bands from tax year 2026
| Taxable income | Rate | Tax on the band | Cumulative tax |
|---|---|---|---|
| €0 to €22,000 | 0% | €0 | €0 |
| €22,001 to €32,000 | 20% | €2,000 | €2,000 |
| €32,001 to €42,000 | 25% | €2,500 | €4,500 |
| €42,001 to €72,000 | 30% | €9,000 | €13,500 |
| Above €72,000 | 35% | (income − €72,000) × 35% | €13,500 + (income − €72,000) × 35% |
These are marginal rates. The 35% applies only to the part of your income above €72,000, not to the whole of it.
The bands they replaced, tax years 2008 to 2025
| Taxable income | Rate |
|---|---|
| €0 to €19,500 | 0% |
| €19,501 to €28,000 | 20% |
| €28,001 to €36,300 | 25% |
The Tax Department continues to publish the full pre-reform table, along with the 1991 to 2007 bands, on its Individual Income Tax Return page.
What actually changed
The tax-free threshold rose from €19,500 to €22,000. Everyone earning above the threshold gains from this, because the first €22,000 is now untaxed.
Every band was widened. The 20% band used to end at €28,000 and now runs to €32,000. The 25% band used to start at €28,001 and now starts at €32,001.
A 35% rate was introduced above €72,000. Before the reform the top rate applied from a much lower level, so higher earners face a new top rate but reach it later.
Worked example
Someone with taxable income of €50,000 in tax year 2026.
- First €22,000 at 0% = €0
- Next €10,000 (€22,001 to €32,000) at 20% = €2,000
- Next €10,000 (€32,001 to €42,000) at 25% = €2,500
- Remaining €8,000 (€42,001 to €50,000) at 30% = €2,400
- Total: €6,900
The cumulative column in the Department’s table gives the same answer: €4,500 of cumulative tax at €42,000, plus 30% of the €8,000 above it.
Taxable income is what remains after deductions. The 2026 reform introduced several new ones, which are covered in the deductions guide.
Filing: method and deadline
From tax year 2026, returns are submitted exclusively through the Tax For All (TFA) platform. TAXISnet was the exclusive route for tax years 2017 to 2025 and is being replaced.
Under Article 5 of the Tax Assessment and Collection Law, the statutory deadline is 31 July of the following year. In practice the Council of Ministers extends it almost every year by decree under Article 13(1), so the statutory date and the real date usually differ.
| Tax year | Actual deadline |
|---|---|
| 2025 | 31 October 2026 |
| 2024 | 15 October 2025 |
| 2023 | 30 November 2024 |
| 2022 | 31 October 2023 |
| 2021 | 31 August 2022 |
What commonly goes wrong
Treating the top rate as applying to all income. It does not. Only the portion above €72,000 is taxed at 35%.
Assuming the statutory deadline is the real one. 31 July is the date in the law, but it has been extended by decree in every recent year. Check the current year’s announcement rather than counting on July.
Using TAXISnet for tax year 2026. From 2026 onwards, submission is exclusively through Tax For All.
Confusing gross income with taxable income. The bands apply after deductions and exemptions, not to your gross salary.
Where to check
The Tax Department publishes the current bands, every historical band table, and the full list of filing deadlines on its Individual Income Tax Return page. If you spot an error in a return you have already filed and the deadline has passed, Form T.F.001AN is the amendment route.
For anything that depends on the numbers, have it confirmed by a firm licensed to advise in Cyprus.
