Amendments on Personal income tax Regulation
Amendments on Personal income tax Regulation
In the last few years significant amendments to the personal income taxation legislation has resulted in a reduction of the tax burden.
Extension of range of non-taxable employment receipts
In the last few years significant amendments to the personal income taxation legislation has resulted in a reduction of the tax burden.
This trend continues and as of 1st September 2019 the range of receipts that can be provided to employees as non-taxable has been extended.
Amendments which have come into effect from 2019
Why this matters
The changes provide:
• additional possibilities for employers to structure remuneration packages;
• a reduction in the tax burden for those employers which already provide their employees with reimbursements as listed above;
• a positive impact on labour mobility within Croatia;
• an increase of competitiveness of Croatian employers and provide a positive effect on retaining workers in Croatia; and
• a positive impact on foreign investment into Croatia, because the costs of seconding foreign workers to work on projects in Croatia will be reduced.
Contact us
For additional information or assistance, please contact one of the following professionals with the KPMG in Croatia.
Paul Suchar Tel. +385 1 5390 032 |
Kristina Grbavac Tel. +385 1 5390 069 |
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