TIRANA, March 28 /ATA/ Over 60,000 employees in business entities with annual trading profit of up to 14 million ALL will receive the minimum wage from April 1, based on the Government-announced Economic Package to mitigate the COVID-19 impact.
The financial assistance for the self-employed / employees is calculated and provided on the basis of the payroll list declared by the taxpayers. This payment will go directly to their bank accounts.
According to the decision published in the Official Gazette, for those entities which declare payrolls every quarter, the payroll of the last quarter of 2019 is taken into account, while for entities that declare payrolls each month, the payroll of January 2020 is taken into account.
The application for financial aid is made by the subject of the self-employed or the employer. Individuals who are in more than one payroll will receive only a minimum wage as financial aid.
Beneficiaries of financial assistance are self-employed or individuals employed in businesses with annual trading profit of up to ALL 14 million for 2019.
To become eligible for financial assistance, the taxpayer must have interrupted its activity in accordance with the relevant orders of the Minister of Health and Social Protection issued for this purpose, to have tax liability for the simplified income tax and profit tax..
In order to avoid abuse, tax administration structures, using risk analysis, may also double check on the beneficiary entities if they are closed.
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