
Mar
04
2020
GHS increase 1 March 2019
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 above.
Please make your relevant arrangements.
Let us know should you need any assistance.