Council of Ministers decisions

site.btaNo Insurance Contributions for Electronic or Paper Food Vouchers

No Insurance Contributions for Electronic or Paper Food Vouchers
No Insurance Contributions for Electronic or Paper Food Vouchers
BTA Photo

The Government approved changes to the Ordinance on the elements of remuneration and on the income on which social security contributions are made.

In connection with the introduction from January 1, 2024 of the possibility of providing food vouchers on an electronic medium, the Ordinance stipulates that no insurance contributions shall be calculated and paid on these funds. The same rule applies to paper food vouchers.

/NZ/

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By 18:19 on 06.07.2024 Today`s news

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