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.

Ready to get help?

Leave your contacts and our specialists will answer your questions



Call us

Ready to get help?

Leave your contacts and our specialists will answer your questions