Iacovou Group

Construction, Property & Architecture

2, Socratous str.

Overview

IACOVOU GROUP is one of the leading building and civil engineering construction groups in Cyprus with a history of over 60 years in the construction sector. It has successfully completed projects in Cyprus, Greece, UK and the middle east and has gained specialization through innovative construction methods in airport works, bridge and highway construction and other complex civil engineering jobs. The group is involved in all sectors of the construction industry, from concrete and asphalt production to high rise buildings next to the beach.

Learn more about the Group

€

Children

Apply the child tax deduction Available when gross family income does not exceed €100,000 (1-2 children), €150,000 (3-4) or €200,000 (5 or more).

Include Holiday Fund 8%. Enable only where the employer is not exempt and owes a contribution to the Central Holiday Fund.

NET SALARY

€1,771 / month

€21,252 / year

Gross pay €2,000.00

Social Insurance -€176.00

GHS (GeSY) -€53.00

Income tax -€0.00

Net salary €1,771

11.5% Deductions

Indicative calculation based on standard 2026 Cyprus deductions and contributions. Not tax or accounting advice.

The amounts per salary are an annual average and may differ from the actual monthly payroll.

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