The Ministry of Finance proposes that next year the standard personal exemption be increased from 25,200 lei to 27,000 lei, and the additional exemption from 18,900 lei to 19,800 lei. Also, it is proposed to double the exemption for dependents from 4500 lei to 9000 lei. This is included in a set of draft amendments to the 2022 budget and fiscal policy that has been put up for public consultations, IPN reports.
Another proposal is to set the reference value date for the real estate tax at January 1 so as to reduce the costs and simplify the tax administration process by the local public authorities. It’s also proposed to allocate 100% of the road tax to the local budgets and abolish the 1.5% tax on mobile telephony services, among other things.
The draft amendments to the 2022 budget and fiscal policy are available on the MoF website.
Details as to how the proposals will be debated and subsequently adjusted will be announced in mid-December.
