Spectator on facebook

Spectator on facebook

Unified income and payroll tax collection plan passed

THE SLOVAK government approved a Finance Ministry plan for a unified collection system for income tax and compulsory social and health insurance fees on March 8.

Finance Minister Ivan Mikloš said the new system could allow tax rates to be cut by 2 percentage points from the current 19 percent, the SITA news agency wrote.

If tax offices are given the added task of collecting payroll taxes, administrative costs could be reduced and claims recovery increased, the minister said.

"Tax offices have better tools to recover claims," he argued.

The minister estimates it might take two or three years to prepare and implement the transfer of payroll tax collection to tax offices. "If the next cabinet decided to go ahead, this process will take place during its term in office," he said.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Long-neglected Renaissance house in Bratislava’s centre reveals its secrets Photo

The National Trust is bringing the historical Rómer’s house back to life.

Renaissance Rómer’s house in the Bratislava's Old Town

Slovak healthcare needs thousands of medical workers

Slovak doctors, nurses and midwives are not hesitating in finding better work conditions abroad.

Illustrative Stock Photo

RE-inventing modern theatre Photo

This year's international theatre festival REvolves around the prefix “re”, playing with its meanings and connotations, while also commemorating the years in (Czecho-)Slovak history ending with 8.

TR Warsaw: My Struggle

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between September 21 and September 30, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Kapitulská