Changes in IT, constructions, agriculture and food industry

• The income tax exemption related to salary income, applicable for employees in the IT field, will be limited to a level of RON 10,000 from the gross salary related revenues, in compliance with the eligibility conditions. This facility will be available only until December 31, 2028.
• Income tax exemption for IT, construction, agricultural and food industry employees apply to a single employer/payer of income and only for income obtained under a single full-time or part-time employment contract for work.
• Write-down of the HFC (Health fund contribution) share corresponding to the percentage of the contribution to Pillar II. The beneficiaries are employees from the agricultural, construction, food and IT industries.
• The exemption from health insurance contribution due by employees in the field of construction, in the agricultural sector and in the food industry is canceled.
• Cancels the tax incentive regarding the reduction of WIC (work insurance contribution) up to the level of 0.27% for employees in the field of construction and those in the agricultural sector and the food industry.

Changes applicable to all employees – starting from Jan 2024

• The value of meal vouchers and holiday vouchers will be included in the basis to determine the health insurance contribution.
• The incomes ascertained by the fiscal bodies whose source has not been identified, will be imposed with a tax rate of 70% (compared to the current provision of 16%).
• Exemption from the health insurance payment of the income obtained by prosumers from the sale of electricity, under certain conditions.
• People who earn income from independent activities will pay health insurance on net income, capped at 60 minimum wages per year.