Tax on minimum wage in 24 instalments  

Tax on minimum wage in 24 instalments

Tax on minimum wage in 24 instalments

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Taxes and contributions to disbursed minimum wages, with which the government helped mitigate the consequences of the pandemic, business owners will be able to pay over the next two years. Government adopted a decree which stipulates that these obligations can be paid in 24 monthly instalments, interest-free. First instalment comes due on February 10. Businesses were hoping for this dynamic, as they were promised that they would be able to pay the piled-up obligations in instalments. Otherwise, they would have to pay taxes and contributions for three or four salaries in January already. 

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