Taxes start inspections: Some employers declare wages below average market rates
The Directory of Risk, at the General Directory of Taxation (GDT), states that it has begun to analyze the salaries declaration level of employees in different professions, comparing them with real labor market wages.
“From these analyzes, it is concluded that some employers declare salaries for certain professions that are significantly below the average market rate. Also they might be close to the threshold of the minimum wage determined for the effect of social and health insurance contributions”, reported the Taxes.
For this reason, the GDT encourages taxpayers to correctly fulfill their obligations and reflect on the actual salary statements of their employees.
Tax Administration will continue to monitor this issue and for any irregularities or inaction inaccuracies, it will proceed with the adoption of measures envisaged by the legislation in force.
SCAN
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