Tax cut 5-10 pct if paid at once

Tax breaks, the settlement of dues in installments, and discounts for households and businesses are among the government's plans for supporting the state budget in terms of revenues and spending.

The funds being distributed are rapidly depleting the state coffers, forcing the government to proceed with one-off measures or introduce incentives for the timely payment of tax and social security obligations. Besides the ongoing discounts, the government is also examining a plan based on two pillars: conditional discounts on the income tax and Single Property Tax (ENFIA) of all taxpayers, and a significant reduction of taxes for those hurt by the pandemic.

Among the measures set to apply horizontally is a 5-10 percent discount on the income tax of all individuals and businesses that pay their dues in a lump sum by the deadline for the first installment - whenever that may...