Information about Kosovo Minimum wage and taxes.
The following information is available on minimum wages and taxes in Kosovo: As of 2021, the gross minimum wage in Kosovo has been determined as 375 Euros. This amount indicates the lowest salary level that employees can receive. However, the net minimum wage amount is determined after taxes and other deductions. Income tax rates in Kosovo vary depending on income level. As of 2021, income tax brackets and rates are as follows: - Tax rate for income between 0% and 10%: 0% - Tax rate for income between 10% and 18%: 10% - Tax rate for income between 18% and 25%: 18% - Tax rate for income above 25%: 25% Additionally, social security premiums are paid by employees in Kosovo. Social security contributions are calculated as a certain percentage of gross salary. As of 2021, social security premium rates are as follows: - Employer's share:
6.5% - Labor share: 5% These premiums provide financing for retirement, health insurance and other social security. The above information reflects the minimum wage and tax rates valid for 2021. However, tax and minimum wage amounts may be updated from time to time. Therefore, it is important that you obtain the most up-to-date information from official tax authorities or your employer.
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