NATIONAL HEALTH SYSTEM

GO Cyprus

The NHS allows sick people, especially disadvantaged, chronically ill and the elderly, all primary care services fully to take charge as doctor visits, medicines, laboratory services, etc.. NHS affiliated physicians thus take over the supply - and this qualifying coverage and for the patient free. In addition, each participating in the NHS system person receives a European health insurance card, which guarantees on traveling abroad corresponding health. For the 1/6/2019 the implementation of this project (Phase 1) will begin and be completed until 01.06.2020.

 

Who can benefit from the New Health System as of 01 June 2019?

Citizens of the Republic of Cyprus, the obligation to pay contributions subject to EU citizens with residence status in Cyprus (Non Dom), third-country nationals (non-EU citizens) with an appropriate residence status, family members of the aforementioned groups (in accordance with legal provisions) and refugees / persons with additional protection status.

 

Thus, all residents of Cyprus are involved in the financing of this solidarity NHS. The state of Cyprus itself, all civil servants and officials, will also be charged without exception in this Community system.

 

For all the following rules apply: 

 

Phase (1) in 2019

 

Start: 03/01/2019

 

The first entries must be made on or after 03/01/2019, to cover the costs incurred at this time set-up costs of the NHS.

 

All the following percentages and the fees payable to solidarity donations to the NHS are limited to a total income amounting to 180,000.00 euros per year.

 

 Taxes for employees and employers in 2019

 

The employee will contribute from 01 in March to 1.7% of his income to the NHS. His employer contributes 1.85% of its employees to the NHS.

 

 

Example: An employee with a gross monthly income of 1,000.00 euro bears in 2019 as a month at 17.00 euros at the NHS. His employer will contribute € 18:50 to NHS. In addition, the state financed even in this case - his contribution to the NHS is 16.50 euros.

 

Contributions are deducted monthly from the payroll and listed on the payroll.

 

Dividends from domestic and foreign investments

 

Dividends are also subject to the solidarity tax to the National Health System. The tax is 1.7% in the year of 2019.

 

Donations to the NHS, which are paid on rental income, interest and dividends, must each at 30.06. and 31.12. of each year to be dissipated. We will of course help and ask ourselves accordingly to contact.

 

 

Rental income

 

Rental income subject to a levy of 1.7%.

 

Donations to the NHS, which are paid on rental income, interest and dividends, must each for 30.06.und 31.12. of each year to be dissipated. We will of course help and ask ourselves accordingly to contact.

 

 

 

Interest

 

Interest income subject to a 1.7% levy on the NHS.

 

Donations to the NHS, which are paid on rental income, interest and dividends, must each at 30.06. and 31.12. of each year to be dissipated. We will of course help and ask ourselves accordingly to contact.

 

 Self-employed (eg Non-Dom)

 

Self-employed contribute 2.55% of their income to the NHS in of 2019.

 

 

 

Example (1) 2019 to illustrate

 

Bernd example is a partner and employee director of his company in Cyprus. It also owns Bernd Non Dom status in Cyprus.

 

Bernd relates from his business as an employee of a monthly income totaling 1,000.00 euros and receives 100,000.00 euro dividend in the year of 2019.

 

Solidarity delivery to the NHS

 

Labor income (1.7%) corresponds to 17.00 euros per month.

 

Limited delivery of the employer (1.85%) corresponds to 18.50 euros per month.

 

Dividend income from 2019 to 100,000.00 euros (1.7%) corresponds to 1,700.00 euros.

 

Solidarity overall tax 01.03.2019 - 01.03.2020: EUR 2,126.00

 

 

 

Example (2) 2019 by way of illustration

 

Bernd example is a partner and employee director of his company in Cyprus. It also owns Bernd Non Dom status in Cyprus.

 

Bernd relates from his business as an employee of a monthly income totaling 1,000.00 euros and receives dividends 500,000.00 euros in the year of 2019.

 

 

 

Solidarity delivery to the NHS

 

Labor income (1.7%) corresponds to 17.00 euros per month.

 

Limited delivery of the employer (1.85%) corresponds to 18.50 euros per month.

 

Dividend income from 2019 to 500,000.00 euros (1.7%) below: 8,500.00 Euro

 

Capping PREJUDICE ALREADY AT 180 000 EUR

 

Solidarity overall tax 03.01.2019 - 01.03.2020: EUR 3,060.00 (maximum contribution)

 

Phase (2) in 2020

 

 Start: 03/01/2020

 

 

 

The following charges apply from phase (2), thus from 01.03.2020. Phase (2) bears the cost of a fully functional NHS in Cyprus. PRINCIPLE EVEN AFTER 2019

 

All the following percentages and the fees payable to solidarity donations to the NHS are limited to a total income amounting to 180,000.00 euros per year.

 

 

Taxes for employees and employers in 2020

 

The employee will contribute from 01 March on his income 2.65% for the NHS. His employer contributes 2.9% of its employees to the NHS.

 

Example: An employee with a gross monthly income of EUR 1,000.00 EUR bears in 2020 on a monthly basis at 26.50 euro for NHS. His employer will contribute EUR 29.00 for NHS. In addition, the state financed even in this case - his contribution to NHS is 4.7%.

 

Contributions are deducted monthly from the payroll and listed on the payroll.

 

 

Dividends from domestic and foreign investments

 

Dividends are also subject to the solidarity tax to the National Health System. The tax is 2.65% in the year 2020th

 

Donations to the NHS, which are paid on rental income, interest and dividends, must each at 30.06. and 31.12. of each year to be dissipated. We will of course help and ask ourselves accordingly to contact.

 

 

Rental income

 

Rental income subject to a levy of 1.7%.

 

Donations to the NHS, which are paid on rental income, interest and dividends, must each at 30.06. and 31.12. of each year to be dissipated. We will of course help and ask ourselves accordingly to contact.

 

 

Interest

 

Interest is used with 2.65% of the monthly income for NHS.

 

Donations to the NHS, which are paid on rental income, interest and dividends, must each at 30.06. and 31.12. of each year to be dissipated. We will of course help and ask ourselves accordingly to contact.

 

 

 

Self-employed (eg Easy-Nom)

 

Self-employed contribute with 4.0% of income for the NHS.

 

The contributions are collected over three governmental mechanisms. The Social Security Fund holds the amount each month for private workers, pensioners and the self back.

 

The contributions for civil servants, public sector employees and pensioners will be deducted directly from the tax office.

 

The contributions of pensioners and other public office holders fall within the competence of the tax department.

 

All contributions are included in the national health insurance fund and make the budget of the NHS from.

 

Example (1) 2020 to illustrate

 

Bernd example is a partner and employee director of his company in Cyprus. It also owns Bernd Non Dom status in Cyprus.

 

Bernd relates from his business as an employee of a monthly income totaling 1,000.00 euros and receives dividends 100,000.00 euros in the year 2020th

 

 

Solidarity delivery to the NHS

 

Labor income (2.65%) corresponds to 26.50 euros per month.

 

Limited delivery of the employer (2.90%) corresponds to 29.00 euros per month.

 

Dividend income from 2020 to 100,000.00 euros (2.65%) corresponds to 2,650.00 euros.

 

Solidarity overall tax 01.03.2020 - 01.03.2021: EUR 3,316.00

 

 

Example (2) 2020 by way of illustration

 

Bernd example is a partner and employee director of his company in Cyprus. It also owns Bernd Non-Dom status in Cyprus.

 

Bernd relates from his business as an employee of a monthly income totaling 1,000.00 euros and receives dividends 500,000.00 euros in the year 2020th

 

 

Solidarity delivery to the NHS

 

Labor income (2.65%) corresponds to 26.50 euros pm

 

Limited delivery of the employer (2.90%) corresponds to 29.00 euros pm

 

Dividend income 2020 to 500,000.00 euros (2.65%) below: 13,250.00 Euros

 

CONTROLS WITH THUMBS 180,000 EUR

 

Solidarity overall tax 01.03.2020 - 01.03.2021: EUR 4770.00 (maximum)

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