It should be noted that the bill was approved by Parliament at first reading on 10 September, after which MPs tabled around 100 proposals to amend it. As indicated in the Cabinet’s conclusion, it did not support the majority of the amendments, but made an exception for some. The main amendments concerned legal entities, but some of them relate to individuals.
For instance, the government has agreed to increase the personal income tax allowance for individuals from 34,620 lei to 46,680 lei. The allowance for dependants – children – will also rise, from 9,900 lei to 11,040 lei.
The government is also set to grant the right to deduct expenses for sports-related services. This will be in addition to the existing right to deduct expenses for education and healthcare.
Furthermore, the Cabinet of Ministers has deemed it possible to increase the monthly limit on electricity consumption eligible for tax relief from 100 to 150 kWh.
At the same time, a proposal to increase the monthly limit on natural gas consumption for residential premises, which is subject to a reduced VAT rate, was not supported. MPs had proposed increasing it from 150 to 250 m³. The ministers did not agree to this.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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