Taxation Changes For The Self-employed Professionals
Published date | 17 June 2022 |
Law Firm | Eurofast |
Author | Ms Drilona Likaj |
The Ministry of Finance has recently presented a draft law; the focus of which is self-employed and freelance professionals.
This draft law aims to exempt the self-employed providing professional services from the income tax rate of 0%. Currently this rate applies to freelancers, commercial and self-employed individuals, and small businesses with an income up to 14 million ALL per year.
With the new tax changes, it is now intended that, after deducting some expenses related to their professional activity...
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