Taxes, 10 million euros additional from salaries and rents - 3 months/ The budget collected 218 million euros, a record figure in 10 years
In the first three months of the year, personal income tax revenues have increased significantly, reflecting significant changes in the labor market, wage levels, and the expansion of economic activity in the country.
According to official data, Albanian citizens have contributed about 21.8 billion lek, or approximately 218 million euros, to the state budget from salaries and other income, including those from long-term rentals and accommodation platforms such as Airbnb and Booking.com.
Compared to the same period a year ago, revenues from this item have increased by about 4.8 percent, or nearly 10 million euros more. While during March alone, collections reached about 88 million euros, confirming a positive monthly performance.
Looking at the data over the years for the first quarter, a continuous and strong growth is observed, which has brought this item to record levels. In a broader time horizon, revenues have increased from around 80 million euros in January-March 2016 to around 218 million euros, an expansion of 138 million euros in the first quarter of 2026, or 172.5 percent in a decade.
According to the tax administration, this increase is closely related to improved formalization in the economy and increased income declaration. Campaigns against informality, especially those targeting under-declaration of wages during 2025, seem to have influenced the change in business behavior.
Also, the establishment of reference wages in sectors with a high level of informality, such as tourism, construction and healthcare, has led to an increase in declared wages and, consequently, in tax liabilities. Wage increases in public administration over the last two years, as well as the increase in the minimum wage to 50 thousand lekë, have also had an impact.
Another contributing factor is the expansion of the rental market, especially short-term ones related to the development of tourism. The increase in properties listed on online platforms has increased the income of individuals and at the same time the level of tax paid. The total receipts from TAP also include income from bank interest. In total, during 2025, income from personal income tax reached about 825 million euros.
Record level of migration to the EU, 64.2 million in 2025 - Nearly 8,000 people died on migration routes last year
The number of immigrants residing in the European Union rose to a record high of 64.2 million in 2025, about 2.1 million more than a year earlier, according......
Italy, Meloni bonuses for the repatriation of immigrants - 1.2 million euros are given to lawyers who carry out the procedures
Italian Prime Minister Giorgia Meloni said Tuesday that her government was prepared to make changes to a controversial plan that offered financial rewards to......
Europe prepares response to energy crisis - Tax rules to favor oil energy are curbed
The European Commission will present plans on Wednesday to cut electricity taxes and coordinate the increase in gas storage, aiming to mitigate the......
Russia to stop Kazakh oil to Germany - Druzhba pipeline shutdown starting May 1
Russia will stop oil exports from Kazakhstan to Germany via the Druzhba pipeline starting May 1, sources said. Reuters. According to them, for this change,......
Russia reduced oil production in April - Caused by Ukrainian drone attacks on ports and refineries
Russia was forced to cut oil production in April due to Ukrainian drone attacks on ports and refineries, as well as a halt to crude oil supplies through......
EU is banning social networks for children under 15 - Brussels introduces age verification app
A wave of national bans by several European countries is pushing the European Union towards a continent-wide age limit for social media use. The European......
President Trump Extends Ceasefire with Iran - Future Peace Talks Uncertain
US President Donald Trump said he would extend a ceasefire with Iran indefinitely to allow for further peace talks. But it remains unclear whether Iran or......
Exchange rate/ What happened in the foreign exchange market today?
The US dollar, like other major currencies, has not experienced significant value movements from the previous day, continuing to be bought today at 80.7 lek......
