House of Peoples adopts Proposal for Amendments to the Law on Contributions

Patria
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House of Peoples adopts Proposal for Amendments to the Law on Contributions

(Patria) - The Proposal for Amendments to the Law on Contributions, under an abbreviated procedure, received support today from delegates in the House of Peoples of the Parliament of the Federation.

According to the explanation of the proposer, the Ministry of Finance of the FBiH, this is an amendment to the law that would relieve employers from paying a portion of contributions. Currently, employers pay 11.5 percent. The House of Representatives adopted this amendment, reducing the contribution rate from 11.5 percent to 6 percent.

In practice, this means that employers will pay 90 KM less in contributions on the minimum wage of 1,000 KM.

The Draft Law on the Profession of Psychologists in the FBiH was also accepted.

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