For those affected:-
General health service (GHS) contributions will rise from the current 1.7% to 2.65% effective from March as phase two of the GHS kicks in.
The contributions are deducted from salaries, pensions and other income such as rents paid to natural persons.
The increase aims to boost the GHS budget as it gears up to cover increased costs with the addition of new services from June 1, including in-hospital care.
Since March 1, contributions have stood at 1.7% and February salaries will not be affected. But March wages will reflect the bigger deduction. For example, someone on a €1000 monthly salary currently pays €17 to the GHS and will from next month pay €26.50.
The same applies to pensioners and state officials.
Read More:-
https://in-cyprus.com/contributions-to-ghs-to-rise-to-2-65-from-march/