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Self-employment income should be taxed in the same way as employment income, progressively.
The recommendation comes from the World Bank in the last report as the government is getting ready to consult another draft with changes in taxes, according to which this category which includes farmers pay less than employed individuals.
The self-employed say that the report tends to evade more due to the instruments they use by registering as an entrepreneur and paying zero income tax below the ALL 14 million instead of Personal Income Tax. Its implementation, according to the institution, would bring over 1 billion additional ALL to the budget.
The World Bank also emphasizes capital taxation, as it says by implementing progressive taxation it also collects more income from people who earn more.
It also recommends expanding the range of individuals who submit an annual income statement, which is currently performed by two or more employees as well as individuals with an income of ALL 2 million per year.
It also appeals for the waiver of tax exemptions, and instead proposes direct subsidies for certain sectors by constantly monitoring them.
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