Health social contribution (pensions) from February 1st 2017
The cancellation of the ceiling for the calculus basis for the individual contribution to the social insurance (pensions) starting with February 1st 2017 for the incomes derived from salaries Starting with February 1st, 2017, the basis for the calculus of the individual contribution to social insurance for incomes derived from salaries and assimilated to these
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The national gross minimal basic salary guaranteed for payment starting with February 2017
Starting with February 1st, 2017, the national gross minimal basic salary guaranteed for payment for an 8 hours/day work load is established in the amount of 1.450 lei/month. The establishing of basic salaries below the level of 1.450 lei, for the staff employed through an individual employment contract, represents a contravention and it is sanctioned
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OPTIONAL PENSIONS
Fiscal approach: The contributions to an optional pension fund according to Law no. 204/2006 paid by the employer for the employees are not subject to income tax and social contributions are not owed (for employee and employer) if they are contained in the limit of 400 euro/year/employee. The amounts that surpass 400 euro/ year/employee represents
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MEDICAL SERVICES vs PRIVATE HEALTH INSURANCE
Currently the most frequent contracts in the field of medical services and private health insurance are the following: MEDICAL SERVICES The insurance of the work medicine services – on the basis of a services providing contract with a provider of medical services (ex. Regina Maria, MedLife, etc.) in order to determine the work
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Fiscal Treatment of the Gift-Tickets and of the Gifts in Money Granted for Christmas
The gifts, including the gift tickets offered by employers to the employees, but also in the benefit of their under age children, on different occasions (March 8th, Easter, June 1st, Christmas and other similar events celebrated by other religious cults) are not subject to the income tax (salaries), if their value for each person /each
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Benefits Granted to the Companies that Hire Specific Categories of Employees
In December 2016 it has come into act the Emergency Ordnance no. 60/2016 for the modification of the Law no. 76/2002 regarding the system of insurance for unemployed and the stimulation of the utilization of the work force. According to the new legal stipulations, starting with December 2016 the value of the financial aid grated
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Changes Regarding Meal Tickets Starting with 1st of December 2016
The maximal nominal value of a meal ticket was established in amount of 15 lei starting with December 2016, according to the Law 218 of November 17th, 2016. Until this time, the law stipulated a maximal nominal value of 9.57 lei. We mention that the employer will be allowed to choose if it will keep
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Changes Regarding the Days Off Starting with 1st of January 2017
Two more national days off were included in the Employment Code starting with 1st of January 2017. Thus the days of 24th of January and 1st of June were declared as days off by the law 176/2016, respectively Law no. 220/2016. Two more national days off were included in the Employment Code starting with 1st
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Changes regarding the prevention of payment default
The Emergency Cabinet Ordnance no. 77/1999 regarding measures for preventing the payment default was changed through OG 22/2016, published in the Official Monitory no. 658 of 29.08.2016. Please find below the stipulations of the Emergency Order 77/1999 with the changes brought by the OG22/2016 : 1. Legal persons, regardless of their type of organization and
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Changes regarding the financial-accounting documents (January 1st 2016)
The provisions of the Order 2634/2015 are coming into act since January 1st 2016. Starting with this date the provisions of OMFP 3512/2008 regarding the financial-accounting documents are replaced, together with the stipulations of OMFP 2226/2006 regarding the utilization of financial-accounting forms. This last order established previously the norms of drawing-up and using the invoices,
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