The Tax Administration of Kosovo informs you that on 23 August 2024, the Law No. 08/L-142 on Amending and Supplementing the Laws that Determine the Amount of the Benefit in the Amount of the Minimum Wage, Procedures on Setting of Minimum Wage and Tax Rates on Annual Personal Income was published on the Official Gazette. This Law entered into force on the day of publication, which means it entered into force and began to be implemented from 23 August 2024.
With the entry into force of Law No. 08/L-142, through Article 5, the tax rates are changed which are defined in Article 6 of Law No. 05/L-028 on Personal Income Tax.
More specifically, according to Article 5 of Law No. 08/L-142, the Law No. 05/L-028 on Personal Income Tax is amended and supplemented, as follows, and we quote:
“Article 5
Amendment and supplement of Law No. 05/L -028 on Personal Income Tax
Article 6 of Law No. 05/L-028 on Personal Income Tax shall be amended as follows:
Article 6 – Tax rates
- Annual personal income tax shall be charged at the following rates:
1.1 For taxable income up to three thousand euros (€3,000), including the amount of three thousand euros (€3,000), zero percent (0%);
1.2. For taxable income over three thousand euros (€3,000), up to five thousand four hundred euros (€5,400), including the amount of five thousand four hundred euros (€5,400), eight percent (8%) of the amount over three thousand euros (€3,000); and
1.3. For taxable income over five thousand four hundred euros (€5,400), one hundred and ninety-two euros (€192) plus ten percent (10%) of the amount over five thousand four hundred euros (€5,400).”
So, the Personal Income Tax rates according to Law No. 08/L-142, shall be as follows:
| Tax rate | Monthly taxable income [€] | Annual taxable income [€] |
| 0% | 0 up to 250.00 | 0 up to 3,000.00 |
| 8% | 250.01 up to 450.00 | 3,000.01 up to 5,400.00 |
| 10% | 450.01 onwards | 5,400.01 onwards |
The Tax Administration of Kosovo informs you that on or before 1 September 2024 it will publish the new version of the EDI Electronic System, through which the following will be declared and paid: Salary Tax, Pension Contributions and other taxes from business and non-business natural persons, according to the new tax rates.
TAK stands by its promise of continuous care for taxpayers!
Tax Administration of Kosovo
