The Ministry of Finance’s central goal is the continuous reduction of the percentage of self-employed individuals who end up being taxed based on the minimum taxable income. Current data has shown that this percentage stands at around 50%, and the objective is for it to decrease gradually over time.
Firstly, through continued economic growth that will bring higher incomes, and secondly, with the expansion of electronic records that essentially set higher standards for hundreds of thousands of professionals compared to those defined by the minimum taxable income.
So far, 75,166 tax returns from self-employed individuals have been filed, with approximately 51% (around 37,943 individuals) being taxed based on the minimum taxable income, while the rest are taxed based on their records (i.e., the difference between income and expenses). Despite it being early to conclude since there is still a way to go until the completion of the tax return filing process, it is estimated that the percentage will not change significantly.