In the context of fiscal measures planned for 2025, the Romanian authorities are analyzing several scenarios to reduce the budget deficit and increase budget revenues. One of the measures discussed is an increase in the Value Added Tax (VAT).<\/p>\n\n\n\n
VAT increase:
\u2022 Standard rate: An increase in the standard VAT rate from 19% to 21% or even 25% is being considered. This measure could be implemented in the second half of 2025 or early 2026, depending on the evolution of the budget deficit. \ufffc
\u2022 Essential products: There are discussions about maintaining a reduced VAT rate for basic food and medicines, to protect vulnerable groups. \ufffc<\/p>\n\n\n\n
Other proposed tax measures:
\u2022 Income taxation: The introduction of a 20% income tax or a progressive taxation system is being considered, with the aim of increasing tax equity.
\u2022 Taxation of micro-enterprises: It is planned to reduce the eligibility threshold for the turnover tax regime to 88,500 euros, thus aligning it with the VAT threshold.
\u2022 Elimination of tax incentives: It is intended to eliminate some existing tax exemptions and incentives, in order to ensure a broader tax base and higher budget revenues.
\u2022 Additional excise duties: Introducing excise duties on high-sugar drinks, depending on the sugar concentration, to discourage the consumption of unhealthy products. <\/p>\n\n\n\n
Property taxation:
\u2022 New IT system: Implementation of an IT system for property valuation and taxation, based on updated real estate market values.
\u2022 Increase local taxes: Increase property taxes, in line with new assessments, to more accurately reflect market values. <\/p>\n\n\n\n
Tax and fee administration:
\u2022 Digitalization: Development of a taxpayer profiling system and implementation of early detection mechanisms for VAT fraud.
\u2022 Improving collection: Measures to combat tax evasion and reduce the tax collection gap. <\/p>\n\n\n\n
Public spending and payroll:
\u2022 Freezing public sector salaries: Public sector salaries will be frozen until the adoption of the Ceilings Law, and increases will remain at the December 2024 level throughout 2025.
\u2022 Compensation for overtime: Overtime will be compensated with time off, similar to the provisions of 2024. <\/p>\n\n\n\n
Other measures:
\u2022 Suspension of vacation vouchers: Budget employees will no longer receive vacation vouchers in 2025, including employees in institutions such as Public Radio and TVR.
\u2022 Postponement of some projects: The establishment of the Agency for the Quality of Marketing of Agri-Food Products will be postponed until January 1, 2026. <\/p>\n\n\n\n
These measures are under analysis and have not yet been officially adopted. Their implementation will depend on the evolution of economic indicators and political decisions to be taken in the coming period.<\/p>\n\n\n\n
<\/p>","protected":false},"excerpt":{"rendered":"
\u00cen contextul m\u0103surilor fiscale planificate pentru 2025, autorit\u0103\u021bile rom\u00e2ne analizeaz\u0103 mai multe scenarii pentru a reduce deficitul bugetar \u0219i a cre\u0219te veniturile la buget. Una dintre m\u0103surile discutate este majorarea Taxei pe Valoarea Ad\u0103ugat\u0103 (TVA). Majorarea TVA:\u2022 Cota standard: Se ia \u00een considerare cre\u0219terea cotei standard de TVA de la 19% la 21% sau chiar […]<\/p>\n","protected":false},"author":2,"featured_media":3656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fara-categorie"],"yoast_head":"\n