Cyprus has published Decree No. 373/2022 in the Official Gazette, providing that individuals with gross income not exceeding EUR 19,500 are not required to submit an annual income tax return (TD1) for tax year 2022. As per amendments made to the Assessment and Collection of Taxes Law in 2020, the general exemption for individuals with gross income not exceeding EUR 19,500 was removed, but it was provided that an exemption could still be provided by decree.