Summary:

• The implementation of the split VAT system: legal changes starting with January 1st, 2018 (Law no. 275/27.12.2017 for the approval of the Cabinet Order no. 23/2017 regarding the split payment of VAT)

• Changes regarding the salaries and the due contributions starting with January 1st, 2018

1. The gross average salary used for the foundation of the insurance budget for 2018
2. The terms of transmittal in the Revisal of the changes to the elements of the individual employment agreements
3. Changes regarding the leaves and the allowances for social health insurance
4. The minimal amount of the child bearing allowance in 2018
5. The contribution for social health insurance (CASS) from January 1st, 2018

ECOVIS Romania – Tax Alert – 09.01.2018 – EN