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Luqaj to exempt salaries under 10k dirhams from tax in 2027

Luqaj to exempt salaries under 10k dirhams from tax in 2027

Fouzi Lakjaa, Morocco's Minister of Economy and Finance, announced that starting January 2027, the government will exempt monthly net salaries of less than 10,000 dirhams from taxes as part of measures to ease the tax burden on employees and the middle class. This move is part of a plan to enhance purchasing power and reduce costs, with a gradual review of tax policies aimed at restoring balance between economic and social policies. In support of agricultural products and prices, the government will establish six regional companies at a cost of one billion dirhams to reduce costs in marketing channels, thereby helping to lower expenses and ensure affordable prices for consumers.

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