Increase of contributions towards the General Healthcare System (GHS) – Courtesy of Deloitte

Following the first phase of the newly introduced healthcare system in Cyprus, which came into force on 1 March 2019, we would like to inform you that as from 1 March 2020 the contribution rates to the GHS will increase as shown in the table below.

 Contribution CategoryUp to 29 February 2020
%
As of 1 March 2020 onwards
%
A)Employees/ Pensioners/ Income Earners/ persons holding an office1,702,65
B)Employers1,852,90
C)Self-employed individuals2,554,00
D)The Republic or natural/legal person responsible for the remuneration of Officers1,852,90
E)The Republic1,654,70

Income Limit

For the purpose of calculating the GHS Contributions, gross emoluments are capped to €180.000 per annum with the exception of categories D and E above.