On 20.06.2012, following the proposal of the Minister of Finance, the Council of Ministers decided to approve decision no. 293, revoking decision no. 285, dated 04.05.2007, “On the determination of the monthly reference salary for the purposes of calculating social security and health insurance contributions and personal income tax according to nomenclature of economic activity for private sector employees and directors”.
Following the publication in the Official Gazette Albanian companies can report and pay social insurance contributions and personal income tax based the actual salaries instead of the previous reference salary lists.
