Higher salary levies proposed

THE LABOUR Ministry has proposed that middle to higher income people and their employers pay higher dues to social funds than the 50 per cent premium on total wages at present, by raising the salary ceiling used to calculate the obligations.

Parliament is to discuss the proposal next week, but economic analysts have already warned that the move, which would raise the salary ceiling from Sk32,000 a month to Sk41,200, could cost employers millions of crowns and lead to job cuts.

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