Tax and Legal news
Deemed income of the Member of the board
Deemed income of the Member of the boardEnterprise income tax minimum
As mentioned before, The minimum wage is changed from 320 to 360 euros. Also the minimum wage per hour is increased to 2.166 euros (before it was 1.933 euros).
Maximum threshold of the following social allowances has been canceled: sickness benefit, unemployment benefit, maternity and paternity benefit, parental allowance.
Personal income tax is reduced form 24% to 23%.
The State family allowance is increased – 11.38 euros for the first child, 22.76 for the second and 34.14 euros for each following.
Increased tax rate for the microenterprises from 9% to 11% (for the part of turnover exceeding the threshold of EUR 7000).
A new Law of Arbitration is enforced starting from 1st of January 2015 thus abolishing
Part D of the Civil Procedure Law