Andrian Gavrilice
This statement was made today by Finance Minister Andrian Havrilice before a government meeting.
“The Ministry is reevaluating the entire tax system, taking into account the local and international experience,” the minister emphasized. – VAT is only a small component of it. We have set ourselves the goal of simplicity, convenience, competitiveness and compliance. We will strive to maximize fairness in the tax system, and at the same time contribute to the prosperity of the economy.”
VAT rate of 18% – a rough estimate
On the issue of a possible increase in VAT for HoReCa to18%, he clarified that this was a rough estimate. The exact one will be determined by the results of analysis and discussions.
“This week we held discussions, including with associations in the tourism sector,” Andrian Gavrilice continued. – We discussed the common support mechanisms in force today – food stamps and tourist vouchers, zero tax rate on reinvested profits, initiatives to reduce the tax burden on salaries, as well as possible new benefits. Tax policy will be shaped by public consultation in the spring, following all statutory requirements and the calendar. Nothing will suddenly happen before January 1, 2027,” the Minister emphasized.
The Ministry of Finance will close tax “holes”
“It is necessary to review the areas where there are “holes”, – he noted. – Unfortunately, our tax system is arranged in such a way that teachers and policemen pay 40% of their salaries, while others pay 1%. So overhauling the system for greater fairness is overdue. But now it is too early to say what the VAT rate will be in this or that sector,” summarized Andrian Havrilice.
Earlier, Logos Press reported about the government’s plans to increase the VAT rate for HoReCa companies. At the moment it is 8%. But last week, Prime Minister Alexandru Munteanu admitted that it may be increased in summer.
