Cyprus
Cyprus calculators
With the values in force in Cyprus, the source of each one and the date we checked it.
Official data, updated automatically
Every value has its official source and the date we checked it.
- Last review of the rules
- Official sources
- 17 official documents
Pay and work
Pay and extras
- Annual leave calculator for CyprusThe Annual Paid Leave Law gives every employee four working weeks of leave a year. If you worked less, your leave is reduced in proportion.
- Cyprus minimum wageFrom 1 January 2026 the monthly minimum wage for full-time work is €1,088. Workers with less than six months at the same employer can be paid €979.
- Net salary calculator for CyprusEnter your gross monthly salary to see what you take home after Social Insurance, the GeSY contribution and income tax.
- Hourly to salary calculatorHow much is your salary per hour? What does an hourly offer come to per year? Enter an amount, pick the period and we show all the others.
- Pay raise calculatorYou have been offered a raise, or you are about to ask for one. Enter your pay and the raise, as a percentage or an amount, and see how much changes each month and year.
- Time card calculatorPick the start and end time for each day, your unpaid break and your hourly pay. We show total hours, overtime and your pay for the week.
Leaving a job
- Redundancy pay calculator for CyprusWhen your job is abolished for economic or organisational reasons, you're entitled to a redundancy payment from the Redundancy Fund.
- Notice period calculator for CyprusAn employer ending your job must give written notice. If you resign, you give notice too, but shorter.
Taxes
- Cyprus Social Insurance calculatorEnter your gross monthly salary to see what comes off your pay and what your employer pays into each fund.
- Employer cost calculator for CyprusEnter the gross salary to see the total cost to the business, per month and per year.
- Cyprus income tax calculator 2026Enter your gross income for the year and your deductions. You'll see the tax, your average rate and what's left after tax.
- Cyprus VAT calculatorEnter an amount, pick a rate and see the price with VAT or the net value without it.
Money and indexes
Money and indexes
Loans, savings and investing
- Loan calculatorBefore you sign for a loan, two numbers matter: what you pay each month and what the loan costs you in interest.
- APR to APY calculatorTwo offers with the same rate can cost different amounts. The difference is how often interest is charged or paid.
- Mortgage calculatorA mortgage is the biggest debt most households ever take on. It pays to see the full numbers before you talk to a lender.
- Rent vs buy calculatorComparing the mortgage payment with the rent is not enough. Buyers pay interest, upkeep and property tax, but they end up owning the home. Renters can keep the down payment invested.
- Compound interest calculatorWith compound interest, the interest is added to your balance and starts earning interest of its own. That is why savings grow faster and faster.
- Simple interest calculatorSimple interest is always worked out on the original principal: interest is not added to the balance during the term.
- Savings goal calculatorA trip, a car, a deposit on a home or a cushion for surprises. A goal with an amount and a date is much easier to hit.
- Retirement savings calculatorA state pension often is not enough to keep your standard of living. Savings of your own, even small ones, make a big difference if you start early.
- Credit card payoff calculatorA credit card is usually the most expensive debt you have. Paying only the minimum stretches it out for years and piles on interest.
- 50/30/20 budget calculatorThe 50/30/20 rule is a simple way to plan your month. Half goes to essentials, 30% to things you enjoy and 20% to savings.
- Emergency fund calculatorAn emergency fund is money set aside for what you can't plan for: losing your job, a health problem or an urgent home repair.
- Car cost calculatorMost people know what they spend on fuel. Few add up insurance, maintenance, parking and, above all, the value the car loses every year.
Business and self-employment
- ROI calculatorA 50% gain sounds great, but it is not the same over 2 years as over 10. To compare investments you need the return per year.
- Profit margin calculatorMargin and markup get mixed up all the time, and the difference can cost you money. Both measure the same profit, but against a different base.
- Break-even calculatorThe break-even point is the level of sales where a business neither makes nor loses money. Below it you lose, above it you start to profit.
- Freelance rate calculatorThe most common freelance mistake is taking the salary you would want as an employee and dividing it by 160 hours. That leaves out taxes, expenses, vacation and every hour you can't bill.
Other calculators
- Stamp duty calculator for Cyprus contractsContracts with a fixed amount, like a property sale agreement, must be stamped.
- Self-employed contributions in CyprusAs self-employed you pay Social Insurance and GeSY yourself. Choose your occupational category and enter the year's income.
- GeSY contribution calculatorCyprus's General Healthcare System is funded by contributions on all income. Enter the year's income to see what you pay.
- Special Defence Contribution on dividendsSince the tax reform, the Special Defence Contribution on dividends for Cyprus tax residents is 5%.
- Capital gains tax calculator for CyprusWhen you sell property in Cyprus, or shares in a company that owns Cyprus property, the gain pays capital gains tax.
- Property transfer fees calculator for CyprusWhen you buy property you pay the Department of Lands and Surveys fees to transfer the title.
- Net to gross salary in CyprusKnow what you want in your account each month and need the gross figure for a job offer? Enter the net salary and see the gross.