We inform you about the approval by the Minister of Public Finance of a tax facility that we consider of interest to you, and which consists in granting tax credit for expenses related to the operation of early education units under the administration of taxpayers or for amounts paid by taxpayers for placement children of employees in early education units located in units providing early education services, according to the legislation in force.
The measure helps legal entities that set up nurseries and / or kindergartens for their own employees or pay for the placement of employees’ children in nurseries and / or kindergartens (private or state) that benefit from the deduction of the amounts paid from the amounts paid to the state budget ( profit tax, salaries, VAT, excise duties) in the month or quarter in which they are spent, up to the monthly limit of 1,500 lei / child. The amounts will be deducted first from the profit tax due by the company, and the difference will be deducted from the payroll tax withheld by the taxpayer for employees, from the value added tax due or from the excise duties due.
According to the legislation in the field of education, early education (0-6 years) consists of:
- preschool level (0 – 3 years) and
- preschool education (3-6 years), which includes the small group, the middle group and the large group.
Early preschool education can take place in nurseries, kindergartens and day centers, state or private, according to the same educational content and the same national standards.