No deductions for personal and family expenses are allowed for PIT purposes.
Mandatory social security and health insurance contributions are deductible for PIT purposes for Moldovan tax resident individuals.
Starting 1 January 2021, Moldovan non-resident individuals are allowed to deduct health insurance contributions paid in Moldova.
Generally, individual Moldovan residents are liable to annual allowances. For 2021, allowances are set in the following amounts:
|Type of allowance||Annual amount (MDL)|
|Personal allowance (1)||25,200|
|Major personal allowance (2)||30,000|
|Spouse’s major allowance (3)||18,900|
|Allowances for dependant (4)||4,500|
- This allowance is granted only to Moldovan resident taxpayers whose annual taxable income (with some exceptions) does not exceed MDL 360,000.
- Individuals can opt for this allowance provided certain conditions are fulfilled.
- Individuals may opt for this allowance provided the spouse is eligible for major personal allowance and does not use it in the period concerned.
- Moldovan resident individuals with dependants with severe disabilities since childhood are entitled to allowance in amount of MDL 18,900.
Should a dependant have several supporters, exemptions for dependants are given to every supporter.
In order to benefit from personal allowances, a set of documents has to be presented by the individual.
Business expenses are deductible for tax purposes, under rules similar to those for corporations, provided the individual is registered as a private entrepreneur or farming enterprise. See the Deductions section in the Corporate tax summary for more information on business expenses.