In 2022, a tax amendment entered into force, which stipulated that income from pensions exceeding the tax-free limit of 4,000 lei is subject to the obligation to pay a recovery contribution at a percentage of 10% of the amount of the pension that exceeds the tax-free ceiling.
*This is about GEO 130/2022
Well, because this provision was challenged in the Constitutional Court and declared unconstitutional.
In this sense, it appeared in the Official Gazette of the OUG 4/2023. Fiscal consultant Adrian Benza made an analysis of this regulatory act.
According to him, the reimbursement will be carried out in stages from March 1, 2023 to February 28, 2024, with the income tax recalculated, taking into account the fact that the amount of the medvnesk has decreased.
tax on retirement income.
This tax difference is calculated separately from the current month’s pension income tax.
According to him, the return of the amount will be carried out according to the position, it is the duty of pension houses.
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.