Individual - DeductionsLast reviewed - 11 January 2023
SHCs and voluntary pension contributions, up to the limits provided by the Law ‘On Voluntary Pension Funds’, are deductible for the purpose of calculating taxable income.
Interest expenses on loans obtained for the purpose of self-education, education of children, or other persons under care are deductible expenses for the purpose of calculating taxable income.
Elements of medical expenses not covered by social security, resulting from medical services provided to the individual, their children, or other persons under their care, are deductible expenses for the purpose of calculating taxable income.
Annual medical expenses incurred by and on behalf of the taxpayer, which are not covered by mandatory health insurance, are also deductible, up to the amount of ALL 8,532.
In instances where the PIT declaration is compiled by the head of the family, annual medical expenses for that person, their children, or persons under their care can be up to the amount of ALL 8,532 for each family member, but cannot exceed ALL 32,000 in total.