In the Federation of BiH, the implementation of the Law on Amendments to the Law on Contributions begins at the age of almost two decades in this BH entity, employers reduces the cost of business in terms of allocation for workers.
The new method of calculating the summary rate of the employee decreases by 13.25 percent, ie for five and a half of the contribution, reduced by 41.5 percent in 36 percent) confirmed the Federal Ministry of Finance, which is the proposer of the proposal of the said law. When calculating the salary for July employers in the Federation of BiH, for each employee, the retirement and disability insurance rate decreases for three and by index points, and for health insurance two index points.
Lower contribution rate
The FBiH and Federal Finance Minister Toni Kraljević points out that the Law on Contributions is part of the Fiscal Reform of the Federation of BiH, the goal is aimed at reducing the workers, encourage employment and restriction of the gray economy.
– The adoption of this law and its present entry is the actual transition from the sphere intervention in the sphere of fiscal reforms in the Federation of BiH – said Kraljević.
Decision on the lowest salary
By the way, the fiscal reform of the Government of the Federation of BiH began by adopting the decision on the lowest salary by 2025. year in a height of 1000 km. This was followed by decree-established financial support to private employers through a refuneration or co-financing of contributions. Part of the Fiscal Reforms of the FBiH Government is the Law on Filzalization of Transactions in FBiH, which is in the procedure of adoption, and it envisages significantly increasing the coverage of fiscalization, ie reduce the gray economy.
It should also be reminded that the government previously actively acted in the direction of opening employers to increase wages to workers through the introduction of different types of non-taxable fees, writes Avaz.
