cyprus-payroll

Cyprus payroll for tax year 2026: PAYE income tax withheld by employers under the Income Tax Law 118(I)/2002 as amended by Law 244(I)/2025 and the Assessment and Collection of Taxes Law 4/1978, with the employee and employer contributions an employer deducts or pays. Covers the T.D.59A declaration, the 2026 bands with the EUR 22,000 tax-free band, the one-fifth cap, the 20% and 50% first-employment deductions through payroll, the 13 or 12 divisor, Social Insurance at 8.8% plus 8.8% up to the 2026 ceiling of EUR 5,742 a month, GHS at 2.65% and 2.90%, the Redundancy, HRDA, Social Cohesion and Central Holiday funds, the minimum wage, monthly PAYE returns through TFA, deadlines and the 1% monthly surcharge. Trigger on: Cyprus payroll 2026, PAYE Cyprus, TD59, TD7, TD63, gross to net Cyprus, employer cost Cyprus. Out of scope: cyprus-social-contributions (self-employed, voluntary, GHS on other income), cyprus-income-tax, cy-cross-border, cy-non-dom.

License

AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)