This post outlines the key changes introduced by Cyprus’s personal income tax reform effective from the 2026 tax year. Highlights include an increased tax-free threshold, revised income tax bands, expanded filing obligations, and the introduction of new personal tax allowances linked to family status, housing costs, energy upgrades, and electric vehicles. The guide also explains eligibility criteria, income limits, and special provisions for families, single parents, and insurance-related deductions, offering a practical overview for Cyprus tax residents preparing for the new framework.
