Spectator on facebook

Spectator on facebook

Finance Ministry proposes cutting income tax

The Commission authorized by Finance Minister Ján Počiatek to prepare the Bill on Income Tax has proposed to cut income tax from the current 19 to 16 percent.

This cut in the government’s income would be compensated for by abolishing tax allowances for privileged groups, such as MPs, judges and prosecutors. According Finance Ministry advisor Richard Sulík, the proposed changes would not include the VAT, which should stay the same.

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

Top stories

Problematic highway stretch, Turany-Hubová, will go via Korbeľka tunnel

This variant is more environmentally friendly compared with the surface variant originally planned.

Landslide during construction of the highway near Šútovo in 2013.

400 types of Slovak seeds will be placed in the World Gene Bank at Spitsbergen Photo

Slovak Agriculture Ministry works is storing the seeds on the Svalbard archipelago.

World Gene Bank in Spitsbergen, Norway

Talent is not always enough - sport is an expensive hobby

Promising young athletes often do not have the chance to bring their talent to the next level due to lack of funds.

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.