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 Category
Up to 29 February 2020
As of 1 March 2020 onwards
%
%
A)
Employees/ Pensioners/ Income Earners/ persons holding an office
1,70
2,65
B)
Employers
1,85
2,90
C)
Self-employed individuals
2,55
4,00
D)
The Republic or natural/legal person responsible for the remuneration of Officers
1,85
2,90
E)
The Republic
1,65
4,70
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...