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Tax discount only for card and web users

Tax discount only for card and web users

Only taxpayers who make payments by credit and debit card will be entitled to claim a tax-free threshold as of next year, according to a bill the Finance Ministry tabled in Parliament midnight on Monday.

Tax discount certain to shrink in 2018

The reduction in the income tax discount from next year should now be seen as a certainty, and it is destined to hurt most taxpayers, above all those in the lower income brackets. Changes in tax brackets and rates is also quite likely, as the creditors are insisting on changes there as well.