Calculates the gross or net salary
for employees from the Republic of Moldova
Description | Details |
---|---|
Income Tax | 12% (of taxable income) |
Mandatory Health Insurance | 9% (of gross salary, paid by employee) |
Social Insurance (social/pension fund) |
24% (of gross salary, paid by employer) |
Type of Exemption | Annual Value |
---|---|
Standard Personal Exemption | 29700 MDL (2475 monthly) |
Enhanced Personal Exemption | 34620 MDL (2885 monthly) |
Exemption for Dependents/Children | 9900 MDL (825 monthly) |
Exemption for Dependents/Children with Disabilities | 21780 MDL (1815 monthly) |
Type of Salary | Monthly Value |
---|---|
Average Salary | 16 100 MDL |
Minimum Salary | 5 500 MDL |