Baku. 23 October. REPORT.AZ/ Reforms in connection with the incomes of employees are scheduled for next year.
Report informs that this is envisaged in the state budget package for 2019.
According to the document, from January 1, 2019, a period of 7 years will be provided with 100% benefits for the payment of income tax for individuals working in the private sector and non-oil and gas industry with a monthly income of up to AZN 8,000 and benefits in the amount of 44% if the salary of an individual exceeds AZN 8,000.
At the same time, the non-taxable amount for employees of all sectors is increased from AZN 173 to 200.