Belarusians Lose Another Tax Privilege

Tax officials say they have tried it and that is enough.

Belarus is introducing innovations in the tax on professional income. Amendments to the Tax Code provide for the changes. At the same time, the population will be deprived of one of the benefits, Zerkalo notes.

From January 1, 2025, the list of grounds on which the tax office can refuse to apply the tax on professional income will be expanded. The new argument is failure to notify the tax office for 24 consecutive months about the amount of payments through the "Tax on Professional Income" application.

Recall that the tax on professional income was introduced in Belarus in 2023. For those who work with individuals, the tax is 10%. The same rate for those working with legal entities, but up to a certain amount of revenue (up to 60 thousand rubles), and after the specified threshold, the tax collection is twice as high – 20%.

The tax benefit for this tax will be cancelled

There is currently a tax benefit for those who switch to this tax. Thus, the first 2,000 rubles that come from professional income are not subject to income tax.

“From January 1, 2026, the tax deduction for professional income tax of 2,000 rubles, currently provided to individuals who are using this tax regime for the first time, will be cancelled,” the Ministry of Taxes and Duties notes. “This deduction was provided for at the initial stage of introducing a new special tax regime to stimulate the use of tax on professional income and has fulfilled its function.”

At the same time, the tax rates on professional income will remain the same.

You can support the website Charter97.org

MULTI-CURRENCY ACCOUNT FOR ASSISTANCE:

Bank's name: Bank Millennium S.A.
Address: ul. Stanislawa Zaryna, 2A, 02-593, Warszawa
IBAN: PL97116022020000000216711123
SWIFT: BIGBPLPW
Name of the account holder: Fundacja “KARTA ‘97”
Purpose/title of payment: Donation for statuary aims

You can contact us by the e-mail [email protected]