prijava
SARAJEVO, July 22 (FENA) - The Association of Employers of the Federation of Bosnia and Herzegovina said today that the Amendments to the Regulations on Amending the Regulations on the Application of the Law on Income Tax passed by the Ministry of Finance of the FBiH are a direct consequence of their intervention because by analyzing the Regulation on Assistance to the Population due to the growth of the Consumer Price Index passed by the FBiH Government established that despite the fact that it states that this aid is not considered a salary in the sense of the Labor Law, taxes and contributions must still be paid on the amount of the aid.
The association told FENA that this would then be considered a non-taxable expense, which would result in 10 percent of income tax being paid on that amount, and that their opinion was confirmed by the Tax Administration of the Federation of Bosnia and Herzegovina, as well as by experts who deal with taxes and contributions.
"We are glad that the Ministry of Finance accepted our suggestion, and it is again motivated by our desire that as many workers as possible be included in this aid, so that the amount of aid that the workers will receive will be greater. As is well known, the Decree of the Government of FBiH is a recommendation, not an obligation for employers to pay one-time assistance, so now the largest number of employers will be able to pay assistance to workers, especially since the assistance will be paid in several installments, said the association of employers.
(FENA) S. R.
