{"id":14582,"date":"2023-11-02T16:43:21","date_gmt":"2023-11-02T13:43:21","guid":{"rendered":"https:\/\/beta.kreston.ro\/?p=14582"},"modified":"2023-11-02T18:19:24","modified_gmt":"2023-11-02T15:19:24","slug":"important-changes-in-payroll-taxes-applicable-starting-november-2023","status":"publish","type":"post","link":"https:\/\/kreston.ro\/en\/important-changes-in-payroll-taxes-applicable-starting-november-2023\/","title":{"rendered":"Important changes in payroll taxes applicable starting November 2023"},"content":{"rendered":"<p><strong>Changes in IT, constructions, agriculture and food industry <\/strong><\/p>\n<p>\u2022 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.<br \/>\n\u2022 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.<br \/>\n\u2022 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.<br \/>\n\u2022 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.<br \/>\n\u2022 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.<\/p>\n<p><strong>Changes applicable to all employees \u2013 starting from Jan 2024<\/strong><\/p>\n<p>\u2022 The value of meal vouchers and holiday vouchers will be included in the basis to determine the health insurance contribution.<br \/>\n\u2022 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%).<br \/>\n\u2022 Exemption from the health insurance payment of the income obtained by prosumers from the sale of electricity, under certain conditions.<br \/>\n\u2022 People who earn income from independent activities will pay health insurance on net income, capped at 60 minimum wages per year.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changes in IT, constructions, agriculture and food industry \u2022 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. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[262],"tags":[],"class_list":["post-14582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-alert-en"],"_links":{"self":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/14582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/comments?post=14582"}],"version-history":[{"count":5,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/14582\/revisions"}],"predecessor-version":[{"id":14596,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/14582\/revisions\/14596"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/media\/14902"}],"wp:attachment":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/media?parent=14582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/categories?post=14582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/tags?post=14582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}