Tax News
Personal Income Tax-Free Threshold Rises to €22,000
On 1 January 2026, the personal income tax-free threshold increased from €19,500 to €22,000. Income tax bands were also updated, so more of your earnings are untaxed.
Key change
| Tax-free threshold | €22,000 (previously €19,500) |
A higher threshold means lower tax for employees and self-employed individuals, which is a welcome benefit for anyone relocating to the island.
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