Exemption from Submission of Personal Income Tax Return for 2022

Through a decree by the Council of Ministers of the Republic of Cyprus issued in the Official Gazette on 23 September 2022, individuals whose gross annual income is below €19.500 have been exempted from the obligation to submit a personal income tax return for the tax year 2022.

It is reminded that the same exemption was in force for previous years as well, since the submission of a personal income tax return became mandatory for all individuals with gross income falling under the provisions of Article 5 of the Income Tax Law back in 2020.

It is also reminded that €19.500 is the threshold below which any taxable income is exempt from Income Tax.

View all news