These and other changes are contained in the package of amendments to the tax legislation, which was approved by the Cabinet of Ministers. Before the end of its mandate, the Parliament of the country must also approve the new tax exemptions and adjustments.
The authors of the bill explain the haste by the need to adjust the tax base for greater clarity and adapt it to the current economic realities.
The bill provides for additional tax deductions for entrepreneurs. The list is expanded by the right to deduct employer’s expenses when purchasing vacation vouchers for employees – in the amount of 50% of the average wage in the economy. There is also provision for reimbursement of employees’ expenses for accommodation in tourist facilities of the country. And for alternative childcare services, as already noted.
For agrarians relaxed the obligation to use the tax regime facilitating the payment of social insurance contributions. If the amendment is approved by deputies, farmers will be able to apply it if 70% of their sales come from the agricultural sector. Currently, this share must be at least 95%. And only in this case they can claim to pay 6% social contribution from the state budget.
The section on income tax for individuals specifies that when calculating the limit of 360 thousand lei for the application of personal exemption, they should take into account the income from independent activity and sale of agricultural products.
Besides, the draft law proposes not to impose income tax on the income of non-resident individuals who buy state and municipal securities. As well as the abolition of VAT for cars sold on the basis of financial leasing agreements concluded before January 1, 2026. Income tax and allowances for young people working in strategic industries will not be subject to income tax.
The project provides for compensation of transportation and housing expenses for civil servants, medics and pharmacists working in state health care institutions.
