UMKM tax rate at 2024

Workers produce fabrics with leaf printing motifs and weed plants (Ecoprint) in the Arae workshop, Bubulak Village, Bogor City, West Java, Friday (1/12/2023). The Ministry of Finance confirmed that the tax rate of medium microbusiness (UMKM) of 0.5 percent remains valid in 2024 for taxpayers with gross circulation or omzet does not exceed Rp4,8 billion a year. ANTARA PHOTO/Arif Firmansyah/nym.