Retirement: The CMR is introducing new measures in the area of IR

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By The Economist | 01/17/2025 – 2:40 p.m. | share
Retirement: The CMR introduces new measures regarding

The Moroccan Pension Fund (CMR) informs recipients of civil and military pensions about the implementation of new measures in the field of income tax.

This concerns the application of the new income tax tariff, the amount of the annual deduction for family expenses, as well as the exemption from income tax up to 50% of the pensions paid under the basic pension plans in accordance with Law No. 60-24 on the Finance Law for the year 2025, specifies the CMR in a press release.

The net amount of pensions affected by these provisions will increase from January 2025, reports the same source, pointing out that thanks to this measure, 94% of CMR basic old-age pension recipients are now fully exempt from income tax.





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