Tax Alert: Decree #13225 dated 5 April 2024 increasing schooling allowances

Tax Alert: Decree #13225 dated 5 April 2024 increasing schooling allowances

Dear All,

The Council of Ministers approved on the 5^th April 2024 the Decree #13225 published in the Official Gazette #16 on the 18^th April 2024 (attached scanned copy) raising the schooling allowances for students in public schools and universities to LBP 4,000,000 (with a maximum of LBP 12,000,000) and for students in private schools and universities to LBP 12,000,000 (with a maximum of LBP 36,000,000 i.e. for 3 children). This increase in the schooling allowances is effective from the publication date of this Decree in the Official Gazette.

We remain at your disposal should you need any further clarification or information on this subject.

 

Best regards,

DAHER & PARTNERS