Personal exemption from personal income tax for 2016

The Ministry of Finance published personal exemption for 2016 in the "Official Gazette of the Republic of Macedonia" No.222/15.

Pursuant to the announcement of the Ministry of Finance, the personal exemption on the basis of personal income from wages from employment or pension is determined in the monthly amount of 7,357.00 MKD and will be used with January's wage for 2016.

Annually the personal exemption from personal income tax for 2016 is 88,284.00 MKD.

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