Accounting, Payroll, Tax & Legal since 1989

Amendments to the Personal Income Tax Law

	2016	2017
NTIA
The formula of monthly NTIA	NTIA = 200 – 0,34 x (Monthly salary – 350)*	NTIA = 310 – 0,5 x (Monthly salary – 380)*
The formula of annual NTIA	NTIA = 2.400 – 0,34 x (Annual salary – 4.200)*	NTIA = 3.720 – 0,5 x (Annual salary – 4.560)*
NTIA for employees with working capacity of 0 – 25%	EUR 270	EUR 380
NTIA for employees with working capacity of 30 – 55%	EUR 210	EUR 320
ANTIA
ANTIA for each raised child	EUR 120	EUR 200

* If the calculated NTIA is less than 0, then NTIA is equal to 0.

30.12.16

Jan

Jan