Cyprus published Decree No. 52/2025 in the Official Gazette on 21 February 2025, which sets the gross income threshold for the exemption from filing annual individual income tax returns. In particular, the Decree provides that every natural person who during the 2025 tax year has a gross income not exceeding the amount of EUR 19,500 is exempt from the obligation to submit a tax return for the 2025 tax year. The exemption threshold was previously fixed under law but must now be approved annua…