How much is a €1,500 gross monthly salary after tax (net, take-home) in Cyprus?
For example, a gross salary of €1,500 per month leaves about €1,328 net, after €0 income tax and €172 in social contributions, an effective deduction rate of 11.45%.
Income tax in Cyprus is progressive: marginal rates rise from 20% to 35% as income grows. Employees also pay social contributions of around 11.45% of gross salary. The standard VAT rate is 19%.
Income tax brackets in Cyprus (2026)
Annual taxable income
Tax rate
Up to €22,000
0%
Up to €32,000
20%
Up to €42,000
25%
Up to €72,000
30%
€72,000 and above
35%
Approximate 2026 estimate. Simplified model, verify before relying on it. Not tax advice.