New Income Tax Calculator for 2026 Available

A new online tool allows taxpayers to calculate their income tax liability for the 2026 tax year.

According to Giorgos Michael, Chief Tax Officer of the Department of Taxation, this tool is part of the tax reform implemented on January 1, 2026, and can be found in the “Tax Reform 2026” section of the Department of Taxation website.

The tool displays three amounts: the tax under the old regime, the tax under the new regime, and the difference between them, indicating the benefit for the taxpayer.