I. Gifts and prizes from employers when
value of prize or gift does not exceed EUR 200, are considered non-taxable
income. Until 1 January 2018 only prizes from employees when value did not
exceed EUR 200 were treated as non-taxable income.
II. From 2018 the benefit received by an
employee when an employer pays for rail and road public transport tickets which
are used to travel to and from the work are considered untaxable income.
III. The formula used to calculate monthly
non-taxable amount has changed:
Untill 01.01.2018 |
From 01.01.2018 |
310 – 0,5 * (monthly salary – 380) |
380 – 0,5 * (monthly salary – 400) |
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