Self-Employed Workers in Morocco to Benefit from New Tax Cuts and Reduced Penalties

Thus, there is a reduction in the income tax (IR) rates applicable to the turnover collected by the self-employed worker. He is subject to income tax according to one of the new liberatory rates, either 0.5% instead of 1% for commercial, industrial and craft activities and 1% instead of 2% for service providers.

The second tax advantage concerns the downward revision of the minimum amount of penalties applicable in the event of failure or delay in filing the self-employed worker’s turnover declaration. Since January 1st, the minimum to be issued for the penalty has been reduced from 500 to 100 dirhams "for the surcharge applicable in the event of failure or delay in filing the turnover declaration". This is also the case for "the fine applicable in the event of an incomplete or insufficient declaration, when the missing or inconsistent elements have no impact on the tax base or its collection".

Since its implementation in 2015, this new status has already attracted more than 80,000 people, Saâdeddine El Othmani said last October. For the Head of Government, this new regime "constitutes an effective mechanism to promote the economic integration of young people and their access to the labor market, and to encourage entrepreneurial spirit and entrepreneurship among them."