Tax changes aimed at micro-enterprises will come into effect on January 1

The tax changes aimed at micro-enterprises will come into force from January 1, not from October 1, as originally intended, says the president of the National Council of Small and Medium Private Enterprises, Florin Jianu.

He briefly presented in Galati some of the proposals to support the business environment that he backed up within the Tripartite National Council for Social Dialogue.

The application of fiscal measures from January 1, 2024 and not from October 1, as originally proposed, or the possibility of decoupling minimum wages in order to save some sectors of activity with low productivity are just some of the measures proposed to the government by the National Council of Small and Medium Private Enterprises.

Florin Jianu: I achieved one more thing, that is, I removed the company's profitability threshold of 30%. I think neither the entrepreneurs knew how to calculate and how to make this transition, nor the state. And I explained, sir, taxation must be simple, for entrepreneurs to understand. Another issue is the 9% VAT in HoReCa. We would have become completely uncompetitive if the VAT rose to 19%. The colleagues' technical arguments mattered a lot, showing that, for example, Bulgaria has a 9% VAT share in HoReCa, and otherwise we would have become completely uncompetitive.

At the same time, the president of the National Council of Small and Medium-sized Private Enterprises announced that he requested the Government to resume subsidizing part of the fuel price this fall, given the price increases of the last period.

Translated by: Radu Matei