Minimum wage changes from January 1, 2025
December 11, 2024Florina Babau
The guaranteed gross minimum basic wage in the country increases from the current 3,700 lei to 4,050 lei gross monthly.
READ MOREAccording to the Ministry of Economy and Finance, beginning with 2009 the Fiscal Code will suffer several changes:
VAT
The persons that are not registered for VAT purpose (especially the natural persons) and who buy new intra community means of transport will not be obliged to pay VAT in Romania for these acquisitions before the enrolling of the new means of transport, those enrolling in Romania not being possible without this proof.
Until now, VAT was paid till the 25th of the month following the intra community acquisition and the proof of the payment was not requested at the enrolling.
Excices
The legal entities that commercialize, in retail, system energetic power products for which excises should be paid, for example all types of fuels, are obliged to be registered at the Territorial Fiscal Authority.
Read articleAccording to the Ministry of Economy and Finance, beginning with 2009 the Fiscal Code will suffer several changes:
VAT
The persons that are not registered for VAT purpose (especially the natural persons) and who buy new intra community means of transport will not be obliged to pay VAT in Romania for these acquisitions before the enrolling of the new means of transport, those enrolling in Romania not being possible without this proof.
Until now, VAT was paid till the 25th of the month following the intra community acquisition and the proof of the payment was not requested at the enrolling.
Excices
The legal entities that commercialize, in retail, system energetic power products for which excises should be paid, for example all types of fuels, are obliged to be registered at the Territorial Fiscal Authority.
According to the Ministry of Economy and Finance, beginning with 2009 the Fiscal Code will suffer several changes:
VAT
The persons that are not registered for VAT purpose (especially the natural persons) and who buy new intra community means of transport will not be obliged to pay VAT in Romania for these acquisitions before the enrolling of the new means of transport, those enrolling in Romania not being possible without this proof.
Until now, VAT was paid till the 25th of the month following the intra community acquisition and the proof of the payment was not requested at the enrolling.
Excices
The legal entities that commercialize, in retail, system energetic power products for which excises should be paid, for example all types of fuels, are obliged to be registered at the Territorial Fiscal Authority.
This decision was taken for the monitoring of the commercialization activities regarding power products from the producer and importer up to the final consumer.
Local taxes
Voluntary health insurance
The deductibility limit for voluntary health insurances will increase from 200 Euro to 250 Euro, as a measure for investments stimulation in the human capital.
Contributions at the optional pensions’ system
In order to apply the 3rd Level of Private Pensions, new measures have been adopted. These ones point out the increase of the deductibility limit of the contributions at the optional pensions system proceeded from the salaries income, from 200 Euro up to 400 Euro as well as the deduction of the expenses, by the employer, on employees’ behalf, at 400 Euro.