Kosovo government envisions tax increases for salaries over 450 euros (DOK)

Kosovo government envisions tax increases for salaries over 450 euros (DOK)

192 euros more will be paid to Kosovo citizens who have an annual income of 5400 euros, or monthly 450 euros. This is provided with the new draft law on changing and completing the laws that determine the amount of negulation at the height of the minimum wage, the procedures of the minimum wage assignment, as well as tax rates in [...]

In presenting this bill, Prime Minister and Minister of Finance focused on annual income tax changes of up to 3,000 euros and will be 0% tax, but did not mention any changes to higher wages. Zoom.al secured the bill under Article 6. Point 1.2, for taxable revenues of over 3,000 euros to 5400 euros, will have 8% taxes, while more than 5400 euros, 10% taxes and 192 euros.

Contacted accountants from Zoo.al did not want to pronounce that if the bill as such receives the blessing of the Parliament with these changes, few benefit -- those who have salaries of 250 to 450 euros -- cut off the 250-euro monthly salaries that will not be paid at all, while those who have salaries from 450 euros and higher will be burdened.

The following is the complete bill provided:

 

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