N. VORKAS & CO LTD

Professional Services & Consulting

Nicosia

nvorkas.com.cy

146 Tseriou Avenue

Overview

Since 1992, N. Vorkas & Co has been providing accounting, auditing, tax, and consulting services that help individuals and businesses across Cyprus grow with confidence.
Our firm’s foundation is built on integrity, precision, and long-term partnerships — guiding clients to make smarter financial decisions and ensuring complete compliance with Cypriot and international standards.

€

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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