From 01.01.2024, the following changes will come into force:
· Surtax is not to be paid
· The decision on the level of tax rates is made by the representative bodies of local self-government units within the prescribed limits depending on the size (instead of the current rates of 20% and 30%)
· Basic personal allowance amounts to €560.00 (instead of the previous €530.90)
· Annual income tax is paid at a lower rate on the tax base up to €50,400.00 (instead of the previous €47,780.28) and at a higher rate on the part of the tax base that exceeds the amount of €50,400.00 (instead of the previous €47,780.28)
· Tax advance on other income is paid using the lower rate determined by the decision of the representative body of the local self-government unit (instead of the current rate of 20%)
· The tax rate on income from property realised from rentals and leases is 12% (instead of the previous rate of 10%)
· The rate of tax on income from capital based on interest and receipts from dividends or shares in profit based on shares in capital is 12% (instead of the previous rate of 10%)
Look at what else we wrote about, maybe the answer to your question is already there.
