"Fiscal Peace" starts on January 1st and will last three years: Who will benefit and how?!

2025-11-08 21:08:32Biznes SHKRUAR NGA REDAKSIA VOX
Illustrative photo

One of the government's main promises in the economic field is "Fiscal Peace".

According to the Ministry of Finance, the initiative will begin to be implemented from January 1, 2026 and will last for three years, until the end of 2029.

The main goal of "Fiscal Peace" is to create a new and transparent relationship between the tax administration and taxpayers, providing significant relief to citizens and businesses.

Who will benefit and how?

The initiative provides favorable rules for three main groups of taxpayers:

Full Write-Off for Older Debts: All tax and customs liabilities incurred before 2016 (more than 10 years ago) will be completely written off. This will free many businesses from debtor status.

Penalty Waiver for Medium Debts: For taxpayers with debts incurred up to 5 years ago (until the end of 2024), all penalties and late payment interest will be waived. They will only have to pay the principal amount of the debt.

Discounts of up to 50% for 5-10 year Debts: For businesses with debts in this category, two options are offered:

50% Discount: If they pay off all of their principal debt in a single lump sum, 50% of the fines and interest are waived.

25% Discount: If they choose to repay the debt in several installments, they receive a 25% discount on penalties and interest.

In total, around 213 thousand taxpayers are expected to benefit from "Fiscal Peace".

Main fiscal reform policies

In addition to "Fiscal Peace", the government is also pursuing several other capital reforms on the path towards the European Union:

Continuation of the 0% Tax for Small Businesses: The 0% subtax for small businesses will last until 2029, as an incentive for their formalization.

Wealth Tax Reform: Discussions on a reform of this tax are expected to resume.

Support for Agriculture: The VAT scheme for farmers will be reviewed in line with European Union practices, to further support the sector.

These measures, together with "Fiscal Peace", aim to ease the financial burden on businesses and citizens, promoting a healthier business environment and the formalization of the economy.


Video