Social insurance contributions
Provident fund contributions (EUR 3,000 < 10% of EUR 70,620)
Life insurance premiums (restricted to 7% of the insured sum; 7% @ EUR 100,000 = EUR 7,000)
* See Special Defence Contribution (SDC) in the Taxes on personal income section. The individual in this example is both Cyprus tax resident and Cyprus domiciled for the purposes of the SDC.
Last Reviewed - 05 February 2020