Payroll costs
3. Tax expenses
22 June 2026
Tax burdens consist of taxes and duties payable by employers and employees.
A tax is a compulsory levy with no direct consideration in return, imposed by the State to finance its activities.
A levy is a charge that government departments and local authorities may impose to fund services entitling the recipient to a benefit in return.
Tax burdens may be borne by employers or employees.
Employee tax liabilities consist of the Pay and Salary Tax (ITS) for workers covered by the Labour Code,
These are deducted at source by the employer and then paid to the tax authorities.
Employer tax contributions: for further details, please contact us.