Personal Income Tax in Limassol
Cyprus personal income tax uses progressive rates from 0% (first €19,500) to 35% (above €60,000). Combined with SDC on passive income (for domiciled residents), GESY health contributions, and social insurance, effective personal tax burden varies substantially. Non-doms and expats benefit from significant reliefs. Every Cyprus accountant handles personal tax filings.
Progressive tax bands
Cyprus personal income tax rates for 2024: 0% on the first €19,500; 20% from €19,501 to €28,000; 25% from €28,001 to €36,300; 30% from €36,301 to €60,000; and 35% above €60,000. Cyprus tax residents are taxed on worldwide income, subject to double tax treaty relief. Non-residents are taxed only on Cyprus-source income.
For most standard personal tax compliance, any Cyprus accountant can handle the annual TD1 return. Specialist advice becomes valuable for non-doms, expats with the 50% deduction, executives with foreign earnings, and retirees managing pension taxation.
Firms specialising in Personal Income Tax
10 firmsMulti-practitioner firms with documented practice in Personal Income Tax, ranked by claim status, listing completeness, and client rating.
P. Constantinou is a certified public accounting and audit firm based in Limassol, Cyprus. They offer a full range of professional services including audit, tax, corporate services, and business advisory. The firm is a member of The Financial Group International and leverages an international network of associates.
A&C Christofi Ltd is a Cyprus-based firm of Certified Chartered Accountants and Registered Auditors, providing accounting, audit, tax, payroll, business advisory, and other professional services to SMEs and individuals. With over 17 years of experience, they emphasize human-centered advisory and technology-enabled efficiency.
M.T. Michaelides Co Ltd is a Cyprus-based firm of chartered certified accountants offering audit, accounting, tax, and business advisory services. It is a member of INTEGRA International since 2004, providing international reach.
Anthimos Leonidou & Partners Ltd is an independent firm based in Limassol, Cyprus, established in 1987. It provides a wide range of financial services including accounting, audit, taxation, and consulting to individuals and corporate clients locally and internationally. The firm has 45 professionals and is a member of ICPAC and ACCA.
PKF Cyprus is one of the largest accounting firms in Cyprus, operating from offices in Limassol and Nicosia with over 100 staff. They offer audit, taxation, business solutions, and corporate finance services, specializing in structuring multinational companies and serving a diverse range of industries. The firm is a member of the PKF International network and holds quality-checked accreditation from ICPAC and ACCA.
K.P. Masterchart Ltd is a Cyprus-based professional services firm offering audit, accounting, tax, and consultancy services. They specialize in International Business Companies (IBC) and have a team of qualified accountants. Their client portfolio spans various industries including trading, shipping, and finance.
Founded in 1992, P & P Advisory Services Ltd is a Cyprus-based firm offering accounting, audit, tax planning, corporate services, and consulting. As a member of INPACT International, they combine local expertise with global reach to serve a diverse range of industries.
Baker Tilly South East Europe provides assurance, tax, advisory, and specialist consulting services across Cyprus, Greece, Bulgaria, Romania, and Moldova. The firm emphasizes a people-first approach and aims to help clients grow by anticipating future challenges. It is a member of Baker Tilly International.
Andersen Business Audit Services Limited is a Cyprus-based audit firm providing audit & assurance, taxation, accounting, consultancy, and other corporate services. The firm is committed to helping businesses reach their true potential through long-term relationships and high-quality service.
Grant Thornton Cyprus is a professional services firm offering assurance, tax, risk advisory, and business setup services. They recently launched EU AI Act & ISO 42001 GRC services and achieved ISO 27001 certification. The firm is part of the Grant Thornton International network.
Independent specialists
166Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
Certified Public Accountant · Limassol
🎯 Firms are ranked by claim status, listing completeness, and client ratings. Firms that have claimed their listing and provided detailed information rank higher. Claim your firm's listing →
Frequently asked questions
Who must file a Cyprus personal tax return?
Cyprus tax residents with gross annual income exceeding €19,500 must file. Non-residents with Cyprus-source income also file. Employees whose income tax is fully covered by PAYE and who have no other income are technically not required to file, though many do voluntarily.
What is the 50% expat tax deduction?
Individuals who were not Cyprus tax-resident before employment in Cyprus and whose annual employment income exceeds €55,000 can deduct 50% of gross employment income for 17 years, subject to conditions. A 20% deduction (capped) is available for lower income thresholds. This is one of the most significant Cyprus personal tax benefits for relocating executives.