The Values of Non-Taxable amounts of Personal Income Tax have been adjusted

The Law on Personal Income Tax prescribes dinars non-taxable amounts of certain incomes, which are adjusted every year by the annual consumer price index in the year preceding the year in which the adjustment is made.

The amendments to the Law on Income Tax define new non-taxable amounts that will be applied from February 1, 2021 to January 31, 2022.

Reminder- the new non-taxable amount that is exempt from the employee’s salary is 18,300 dinars per month, since 1st of January 2021..

2021-02-02T16:42:45+00:00 February 2nd, 2021|

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