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9 august, 2022

social contributions

The Government approved on Thursday the OUG comprising the measures needed to preserve net wages that professional groups exempted from income tax and part-time employees received in December 2017. For the tax-exempt categories, employers will not make an...
12 februarie, 2018
A total of 10 state-owned companies or owned by the public administration account for over 36% of the total outstanding social contributions at September 30, 2017. The data appear in the list of debtors, legal entities with outstanding...
12 noiembrie, 2017
The Economic and Social Council, a consultative body of the Parliament and the Romanian Government, issued a negative opinion on Tudose cabinet’s draft amendment to the Tax Code, including the proposal to transfer social contributions from the employer...
6 noiembrie, 2017
If the PSD-ALDE alliance does not reconsider the measure of transferring all social contributions to the employees, Romania will be the first EU country where employers will no longer contribute to financing the social security system. In the...
9 octombrie, 2017
The Ministry of Finance confirmed on Thursday evening that as of January 1, 2018, social contributions will be entirely transferred to the employee’s responsibility while the employer will only have the obligation to withhold and pay these contributions....
31 iulie, 2017
Social contributions will be entirely transferred to the employee as of January 1, 2018 – the Ministry of Finance announces in a press release. Despite the controversies and hesitations of the authorities – which have calculated the salary...
31 iulie, 2017
The net wage increases generated by the unitary pay law will be neutralized, at least in the first year, by the transfer to the employee of all social contributions as of 1 January 2018. That means that much...
12 iunie, 2017
1 February 2017: an important day for the labour market. Increasing the national minimum wage from 1,250 lei to 1,450 lei will involve an annual increase of 16% of the minimum cost of labour. That will inevitably have effect...
2 februarie, 2017
Many of the economic promises from the government program that PSD launched during the election campaign repeat older themes from the collection of economic policies of the party that won the 2016 parliamentary elections. Given that most of...
14 decembrie, 2016
Eurostat records list Romania as the country with the lowest public revenue among the EU member states, except for the strictly circumstantial case of Ireland. With only 28% of GDP representing clear revenues from taxes, available for subsequent...
9 noiembrie, 2016

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