Financal literacy

FINANCAL LITERACY

RIMBERIO CO

Taxes - a monetary amount set by the state that a natural or legal person must pay based on their activity results or actions performed or desired to be performed.

TAXES - what is that?

The salary 'on paper' differs from what we receive in hand. Why? From every legally employed person, 39.5% of the salary is deducted and 'handed over' to taxes. I will introduce you to the details shortly."

PERCENTAGE

20% PIT

6.98% PSD

12,52% VSD

RIMBERIO CO

PIT

–a tax collected from individuals' income (wages, fees, property rent, etc.). Every month, 20% of the person's salary is deducted to pay the Personal Income Tax (PIT).

Personal Income Tax

RIMBERIO CO

MHI

A state-established system of personal health care and economic measures, based on laws and conditions set by law, guaranteeing, through mandatory health insurance for insured persons, the provision of health care services, as well as reimbursement of expenses for provided services, medicines, and medical aids, in the event of an insured event.

MANDATORY HEALTH INSURANCE

RIMBERIO CO

SSI

- a tax that individuals, either under an employment contract or working independently, must pay to the state. By paying contributions to the state social insurance, residents gain the right to old-age or disability pensions, maternity, paternity, and maternity (paternity) benefits. Individuals working under a sole proprietorship certificate are only insured to receive maternity, paternity, and maternity (paternity) benefits, but they are not insured to receive sickness benefits; in other words, sickness benefits are not covered and must be paid for separately when one is ill.

STATE SOCIAL INSURANCE

WHAT IS NON-TAXABLE PERSONAL ALLOWANCE?

NON-TAXABLE PERSONAL ALLOWANCE - At the end of the year, the resident's annual income (PIT) is assessed, and the annual Non-taxable Personal Allowance (NPD) is calculated based on the PIT. In this way, if a resident received income unrelated to

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