🇨🇾 Cyprus 2026 Tax Reform — Updated

Know exactly what you earn and what you keep

The only earnings & tax platform built for Cyprus taxi, Bolt and private hire drivers. Free to start — no accountant needed.

€22k
Tax-free threshold
16.6%
Social Insurance
9%
VAT Transport
4%
GESY
✅
Free — fully unlocked. Enter your annual income and costs to see your real net earnings. Sign in with Google to save your data.
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Step 1 — My Annual Income
💡
Enter your total annual earnings per source — before any commission is taken. Use last year's figures or your best estimate.
📋
Step 2 — My Annual Costs
💡
All amounts are annual (per year). These reduce your taxable income — enter them as accurately as possible.
🔵 A — Platform Commissions
€
📌 Auto-filled from Step 1
🔵 B — State Contributions & Tax
€
SI quarterly at socialinsurance.gov.cy · GESY 4% net
🔵 C — Vehicle Running Costs (Annual)
€
e.g. €400/mo × 12 = €4,800
€
Cost of tyres ÷ years they last
€
Oil, filters, brakes, repairs
🔵 D — Fixed Vehicle Costs (Annual)
€
€
€
€
🔵 E — Other Business Costs (Annual)
€
€
50% deductible
€
👆
Start by adding your income sources in Step 1. Results update automatically as you type.
🕐
How Much I Work
days
hrs
📦
Rides per Platform (last month)
App Platform €1,800/mo 240 rides €7.50/ride
Gross / Hour
€12.50
road performance
Gross / Day
€100.00
8 hrs × 5 days
€ / Ride
€7.50
average gross
🚘
My Vehicle
🔬
Vehicle Analysis
Age6 years · Above avg mileage
Consumption vs Benchmark8.2 L/100km · Good
Next Oil Change~2,400 km
📊
Performance & Vehicle Analysis

See your €/hour, €/day and €/ride. Analyse your vehicle's consumption and maintenance benchmarks vs other Cyprus drivers.

= €2.50/month · Less than a coffee
📅
Monthly Income & Expense Log
Month Revenue (€) # Rides Hours Online Days Worked Expenses (€) Net/Month (€) €/Day €/Hour €/Ride
January—————
February—————
March—————
April+ 9 more months...
Annual Total—————————
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Monthly Income Log

Track income, rides, online hours and days worked every month. Auto-calculates €/day, €/hour, €/ride and net after expenses.

= €2.50/month · Less than a coffee
Cyprus Tax Department — IR1 Self-Assessment
Form for self-employed individuals · Tax Year 2025
2025
PART 4 — INCOME FROM SELF-EMPLOYMENT
4.1 Gross receipts / turnover€ ████
4.2 Less: allowable expenses−€ ████
4.3 Net profit (taxable income)€ ████
PART 5 — TAX COMPUTATION (2026 REFORM)
Income tax (2026 brackets)−€ ████
Social Insurance (16.6%)−€ ████
GESY (4%)−€ ████
🗓️
TAXISnet Filing Guide
TAXISnet FieldWhat to EnterYour Amount
4.1 Gross turnoverTotal annual income all sources€ ████
4.2 Allowable expensesAll business costs entered above−€ ████
4.3 Net profitAuto-calculated by TAXISnet€ ████
🏛️
Your IR1 Tax Declaration

See your full IR1 pre-filled with your numbers. Know exactly what tax you owe — print it and file on TAXISnet in minutes.

= €2.50/month · Less than a coffee
Unlock the full platform

You've seen what's possible — ready to unlock it all?

Performance analytics, monthly log, vehicle analysis and print-ready IR1 — one plan, one price.

Free
€0 forever

Know your net earnings after all costs.

  • Annual income entry (all sources)
  • Full annual expense breakdown
  • Net revenue before tax (year + month)
  • Google Sign-In — data saved automatically
  • Performance: €/hour, €/day, €/ride
  • Vehicle analysis & benchmarks
  • Monthly income & expense log
  • IR1 tax declaration + TAXISnet guide

🔒 Secure payment via Stripe · Annual billing · No hidden fees · Cancel anytime