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| Income Tax in Cyprus |
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The tax rates for a working tax payer are: |
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| Earnings |
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Tax |
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Up to CY£10,000
CY£10-15,000
CY£15-20,000
Over CY£20,000 |
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0%
20%
25%
30% |
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If you are a retired tax payer, you have the choice of paying the working taxpayers band as shown above or the retired tax payer's band as follows: |
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| Pension |
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Income Tax |
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Up to CY£2,000
Over CY£2,000 |
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0%
5% |
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In order to qualify for the retired tax payer's bands, you must not engage in paid work of any kind. |
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Property Tax |
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Capital Gains Tax |
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