The proposed law on taxing self-employed professionals is going to Parliament with some important changes. Based on feedback from 2,800 professionals and suggestions from agencies, the finance staff has decided to make key adjustments.
Starting in 2023, freelancers, self-employed individuals, and single-owner enterprises will face presumptive taxation. The minimum assumed income is set at €10,920, subject to changes based on years of activity. For the first three years, there is no presumptive income. In the fourth year, it's reduced by 67%, in the fifth by 33%, and in the sixth, it reaches €10,920. After 12 years, it rises to €14,196.
For those without employees (84% of professionals), the minimum income is capped at €14,196. Professionals with disabilities ranging from 67% to 79%, those residing in small settlements, and others will see a 50% reduction in their presumed income.
Feedback led to crucial adjustments, such as halving the 2024 fee for practising a profession, a 50% reduction in presumptive income for single-parent families and disabled people, and a full exemption for those with a disability rate over 80%.
The final text emphasizes that all taxpayers can challenge presumptive income. Self-employed professionals can dispute the assumed minimum income by requesting an audit from tax authorities to prove the accuracy of their declared income.
Additionally, if a company declares a higher gross income than the sector average, the surcharge is 5% on the amount exceeding the sector's average annual turnover.
In summary, the law introduces presumptive taxation for certain professionals, with specific adjustments based on feedback and recommendations. It also outlines procedures for challenging presumed income and modifies calculations for companies declaring higher incomes than sector averages.
