15:38 - 21.01.2025
January 21, Fineko/abc.az. New benefits for people with disabilities are being established in Azerbaijan.
ABC.AZ reports that this is reflected in the proposed amendment to the Tax Code, discussed at today’s meeting of the Milli Majlis Committee on Labor & Social Policy.
According to the draft, in order to simplify the tax administration of persons with disabilities and support initiatives for their self-employment
- a 2% tax deduction at the source of payment to be provided from the proceeds from the sale of handmade products;
- a special electronic portal for sales will be created;
- persons with disabilities who sell handmade products will be registered on the portal;
- after deducting taxes from income from the sale of handmade products, the funds will be transferred to a bank account opened for a person with a disability;
- persons with disabilities registered on the portal will be exempt from registration with tax authorities, calculation of taxes, preparation of tax reports and submission to the tax authority, all this will be done electronically through the portal instead of them.;
- also, income from the sale of handmade products will be attributed to the types of income that are not charged for compulsory state social insurance.
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