Taxation of tips did not fulfill the hopes of the Romanian government
Taxation of tips did not fulfill the hopes of the Romanian government, much less tips were declared than expected, so less personal income tax was paid on this account for 2023 – according to the data of the tax authority (ANAF).
29.19 million lei (2.28 billion forints) of the personal income tax paid for tips received by workers in the hospitality industry went into the state coffers last year, ANAF announced.
In the draft budget for 2023, the Bucharest government calculated almost three times this amount, 95 million lei (7.40 billion forints) in this area. Based on the declaration and payment, around 300 million lei were paid in tips in the hospitality industry last year, while expert estimates estimate the value to be between 750 million and 1.5 billion lei. The Bucharest parliament adopted the legislation on the taxation of tips in the fall of 2022, and it entered into force on January 1, 2023. A 10 percent personal income tax must be paid on the tip, and pension insurance and health insurance contributions are not deducted from it.
Related news
Hungarians are the most likely to tip food delivery people online
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >A comprehensive overview of domestic tipping: this is how Hungarians tip, according to restaurateurs
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Vitamin shield against the cold – BioTechUSA organic vitamin family for the fall and winter months
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Italian cuisine 2025
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: What awaits Hungarian inflation?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >