Spectator on facebook

Spectator on facebook

IN SHORT

Business alliance dislikes social and tax plans

THE BUSINESS Alliance of Slovakia (PAS) welcomes the new government's intention to maintain the stability of public finances and improve development conditions for all types of businesses. On the other hand, PAS is concerned about several commitments, chiefly in the tax and social areas, which may cause the stability of public finances to deteriorate along with the quality of the business environment, SITA wrote.

"These commitments may lead to a higher general government deficit and a higher financial burden on businesses," said PAS executive director Robert Kičina on August 7.

PAS is also concerned that the government will increase the amount of regulatory control of business that in the future will lead to larger budget deficits as the government transfers certain responsibilities of the state to businesses. "We will closely monitor these developments in the upcoming period," added Kičina.

As far as the tax system is concerned, PAS would prefer a gradual cut in the VAT flat rate rather than a lower VAT rate on selected goods. Similarly, the overall easing of the financial and regulatory burden on businesses would bring higher benefits to the Slovak economy than the anticipated selective support of specific areas of the economy.

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

Institutions can be quickly destroyed, but they are hard to build

Head of the To Dá Rozum intiative, Renáta Hall, talks about the impacts of a dispute between the academy of sciences and the Education Ministry.

Renáta Hall

Fight with traffickers thwarted online sale of hockey tickets

The algorithm not only prevented traffickers but also ordinary fans from buying tickets.

Waiting for tickets in Košice

Spectacular Slovakia #3: Unexpected hiking (Enjoy Bratislava's greenery) Audio

In Slovakia, you can hike in the capital city. Listen to the latest episode of our travel podcast to find out more.

The Financial Administration’s head resigns from post

František Imrecze says his decision was spontaneous.

František Imrecze