The government approves tax exemption for 200 lei minimum wage voluntary increase! Starting with May 18, enterd into force the Emergency Ordinance no. 67/2022 regarding some fiscal measures, as well as for the modification and completion of art. 59 of Law no. 207/2015 on the Fiscal Procedure Code, which stipulates that the voluntary increase of the minimum wage by 200 lei will be exempt from taxes and duties.

We will present below the main provisions of this normative act:

Starting with June 1, 2022, for employees who work on the basis of individual employment contracts, employed full time, at the place where the basic position is located, employers do not owe income tax and social contributions for the amount of 200 lei representing income from salaries and assimilated to salaries in the following situations:

• employers voluntarily increase, at any time between June 1 — December 31, 2022 inclusive, the level of the gross monthly basic salary by the amount of 200 lei, respectively from 2,550 lei to 2,750 lei for employees working on the basis of individual employment contracts work, in execution on June 1, 2022, which provide a level of gross monthly basic salary on the same date, without including bonuses and other additions, equal to the level of the minimum gross salary per country guaranteed in payment established by Government Decision no. 1071/2021 for establishing the minimum gross basic salary per country guaranteed in payment;
• for newly employed persons between June 1 — December 31, 2022 inclusive, the level of the gross monthly basic salary established according to the individual employment contract, without including bonuses and other additions, is 2,750 lei.

This amount of 200 lei will not be taken into account for the application of personal deductions.

The fiscal facility applies only to employees in the private sector and in the period when the increased / employment salary, as the case may be, is maintained / established at the level of 2,750 lei for the period June 1 -December 31, 2022 inclusive.

The amount of 200 lei decreases depending on:

a) the period of the month for which the salary increase was granted;
b) the date from which the new employees are employed with a salary of 2.750 lei;
c) the fraction of the month for which the incomes from salaries are determined and assimilated to salaries;
d) the date from which the individual employment contract ends.