Youth Income Tax Reduction: Who Qualifies and What You Get

This scheme allows young workers to pay significantly less income tax for a set period of time.

👤Who it's for

This reduction is available to employees working at small or medium-sized enterprises who are between the ages of 15 and 34.

🎁What you get

If you qualify, you can receive a 90% reduction in your income tax for a duration of five years.

💰What it costs you

There is no direct cost to you, but the process requires your employer to submit the necessary application to the tax service on your behalf.

⚠️The catch to know

The benefit is strictly limited to those working at small or medium enterprises; it does not apply if you are employed by a large conglomerate.

📝How to apply

1. Confirm your age meets the requirements.
2. Verify that your employer is classified as a small or medium enterprise.
3. Request that your employer submits the application to the tax service.
4. Check your tax filings to ensure the reduction is being applied.