Tax is cut by 4% for catering sector

15:27 - 12.06.2020

June 12, Fineko/abc.az. Thanks to the changes made to the Tax Code, tax benefits will be provided in a range of spheres.

ABC.AZ reports that important changes in the Tax Code also concern the simplified tax.

This is of great importance from angle of lowering the catering taxpayers’ losses.

Entrepreneurs working in the catering sector will pay a simplified tax of 4% instead of 8% this year, and other simplified taxpayers will pay 1% of the total turnover.