New taxes come into effect as of today.
Starting from 1 January 2024, the self-employed individuals providing professional services as per the list of professions approved by the Albanian Council of Ministers will be subject to the new taxation scheme and taxed at 15% or 23% depending on the annual business income.
The government is hoping to collect around 3 billion leks a year thanks to this newly introduced tax.
Up until now, professionals were treated the same as small businesses and they paid 0% tax on earnings. However, the IMF had often advised the government to tax self-employed individuals.
/Argumentum.al