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The decision is made, the salary law comes into force: Those who are paid up to 50 thousand lek...

Written by SOT.COM.AL 1 Qershor 2023

Salaries from 0-50 thousand ALL will not be taxed. Starting from June 1, the tax on salaries will be calculated with different bands.
From these changes, employees with a salary, from 40-50 thousand lek per month, will not pay tax, which means that about 65 thousand individuals will be outside the taxation scheme and the income that until yesterday they paid in the form of taxes , they will have them for individual consumption.
They will only pay social and health contributions and will benefit up to 13 thousand additional lek in salary. Until now, the non-taxable salaries were up to the level of 40,000 ALL.
A relief has also been made by halving the tax level from 13% to 6.5% for the categories that are paid from 50-55 thousand ALL, so that they also have a more harmonized fiscal burden. Meanwhile, above these levels, 13% taxation will be maintained with an exclusion threshold of 30 thousand ALL and for salaries over 200 thousand ALL, taxation will be 23%.
The objective of this change was to make it easier for employees with average wages. The removal of the tax for salaries up to 50 thousand ALL is an important and beneficial measure for all employees who are in these categories./ Monitor
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