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Personal Income Tax Rate in Cyprus

Tax Rate For Individuals in Cyprus

Indicator Data Period
Personal Income Tax Rate 35 % 2021


Latest data on Personal Income Tax Rate (%)

Personal Income Tax Rate
                     Cyprus - Historical Data (%)

What is personal tax rate in Cyprus?

  • Personal Income Tax Rate in Cyprus remained unchanged at 35 % in 2021. The maximum rate was 40 % and minimum was 30 %.
  • Data published Yearly by Inland Revenue Department.

Historical Data (%) by years

Data
Period
Date
35 2021 02.06.2021
35 2020 16.09.2020
35 2018 10.02.2018
35 2016 11.08.2017
35 2015 31.12.2015
35 2014 31.12.2014
35 2013 31.12.2013
35 2012 31.12.2012


Historical Chart by presidents (%)

Personal Income Tax Rate in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 35.0000 35.0000 35.0000 35.0000 0.00%

Other taxes in Cyprus

Index Updated Actual Previous
Corporate Tax Rate 2021 12.5 % 12.5
Sales Tax Rate 2021 19 % 19
Social Security Rate 2021 16.6 % 16.6

Personal Income Tax Rate in other countries

Country Updated Actual Previous
Austria 2021 55 % 55
Ireland 2021 48 % 48
Luxembourg 2021 45.78 % 45.78
Spain 2021 47 % 45
Iceland 2021 46.25 % 46.24
Norway 2021 38.2 % 38.2
Belarus 2022 13 % 13
Belgium 2021 50 % 50
Bulgaria 2021 10 % 10
Croatia 2021 30 % 36
Cyprus 2021 35 % 35
Czech Republic 2021 23 % 22
Denmark 2021 55.9 % 55.9
Estonia 2021 20 % 20
Euro Area 2022 42.9 % 43
European Union 2021 37.8 % 36.9
Finland 2021 56.95 % 56.95
France 2021 45 % 45
Germany 2021 45 % 45
Greece 2021 44 % 44
Hungary 2021 15 % 15
Italy 2021 43 % 43
Latvia 2021 31 % 31.4
Lithuania 2021 20 % 20
Macedonia 2021 10 % 10
Malta 2021 35 % 35
Moldova 2021 12 % 12
Montenegro 2021 9 % 9
Netherlands 2021 49.5 % 49.5
Poland 2021 32 % 32
Portugal 2021 48 % 48
Romania 2021 10 % 10
Russia 2022 13 % 13
Serbia 2021 10 % 10
Slovakia 2021 25 % 25
Slovenia 2021 50 % 50
Sweden 2021 52.9 % 32.3
Switzerland 2021 40 % 40
Turkey 2022 40 % 40
Ukraine 2021 18 % 18
United Kingdom 2021 45 % 45
Liechtenstein 2021 22.4 % 22.4
Albania 2021 23 % 23
Bosnia and Herzegovina 2021 10 % 10
Kosovo 2021 10 % 10