5 Minute News

Changes in Taxation of Compensations and Bonuses for Early Retirement

July 22, 2025

The new tax policy proposed by the government will include taxation on bonuses and compensation related to early or voluntary retirements. Compensation schemes will be taxed, and the tax rate will depend on the taxpayer's income bracket. The aim is to reorganize services and save resources. These changes are part of a bill promoting income tax reform.