Ministry of Finance: Within December, freelancers will get their money back

2024-11-21 13:23:31Biznes SHKRUAR NGA REDAKSIA VOX
Ministry of Finance: Within December, freelancers will get their money back
Prime Minister Edi Rama

By December this year, freelancers who had paid the 15% tax will get their money back. This is what the Minister of Finance, Petrit Malaj, said.

They had prepaid the tax after the law was passed, but in June of this year the Constitutional Court unanimously decided to overturn Article 69, which discriminated against freelancers, deciding that their tax will start in 2029, the same as other businesses.

The application of the law with the calculations of the tax prepayment installment caused debates among the businesses of free professions, which considered its application incorrect.

The law provided that the 15% tax for the self-employed with an annual income of up to 10,000,000 ALL per year is calculated on the profit, after deducting the fixed expenses not declared in the accounting in the amount of 30%, including the income from the minimum wage, from the total annual income. The law provides for the selection of the special regime of deduction of 30% expenses from the business or the option of choosing their declaration by accounting.

While the other category of businesses that are included in the annual income over ALL 14 million have the obligation to declare their annual expenses to the tax administration, unlike the first category, which are recognized as fixed or unaccounted expenses in the amount of 30%.

After deducting the expenses declared in the tax administration, the profit of this category will be taxed at the tax rate of 23%. 


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