Taxation of individuals has been changed

The threshold of 20% tax on income of individuals raised. The bill number 2576 from 04.07.2015 g. was passed in Parliament, envisaged that the 20% tax on personal income should be used if individual income exceeds 17 times minimum wages (wihin 1 calendar month). Before that, the 20% tax rate applied when the income of physical persons amounted to more than 10 times the minimum wage.
Also the use of trigger factor for determining the size of a single fee proposed to leave at 0.4 and after 1 January 2016.

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