The State Tax Service has reminded about the procedure for the use of personal exemptions from income tax by individuals
According to the Tax Code, every taxpayer - resident individual with annual taxable income up to 360 thousand lei, with a number of exceptions, is entitled to annual exemption from tax. The exemptions to which the resident taxpayer is entitled are granted at the main place of work or at the place of part-time work (by summing up), or are used when submitting the individual's income tax return (form CET18, if submitted before April 30). In this case, taxable income is determined from the gross income (including employer-provided benefits) received by the taxpayer from all sources in the relevant tax period, excluding deductions and exemptions relating to that income to which the taxpayer is entitled under tax law. At the same time, if an individual is employed in the field of automobile passenger transportation in cab mode or works for a resident of an information technology park, he/she is deprived of the right to use exemptions. Exemptions may be used only in respect of those months in which income was received from activities under the standard taxation regime. Also, persons whose annual income exceeds 360 thousand lei cannot use the exemptions. Thus, in 2024, the standard personal exemption amounted to 27 thousand lei, the increased exemption amount - to 31.5 thousand lei, the additional exemption amount - from 19.8 thousand lei. The amount of exemption for dependents (children) in 2024 amounted to 9 thousand lei, and for disabled dependents - 19.8 thousand lei. According to the Tax Code, each individual taxpayer whose annual income does not reach 360 thousand lei is entitled to benefit from the standard exemption, as well as from the exemption for each dependent child and each dependent with certain diseases or disabilities. Certain categories of citizens benefit from an increased personal exemption: participants of the liquidation of the Chernobyl accident with disabilities, parents or spouses of the deceased or missing participant of the combat actions for the defense of territorial integrity and independence of Moldova and of the combat actions in Afghanistan, some persons with disabilities, pensioners - victims of political repressions, subsequently rehabilitated. In case they do not benefit from such exemption, their spouses are entitled to use the additional exemption. Let us remind you, the amount of personal exemptions in 2025 was indexed by 10%, they will be applied during the current year. //26.02.2025 - InfoMarket.
