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BUSINESS BYTES

VAT drops a tad

The government approved an amendment to the VAT law on October 24 lowering the top VAT rate from 25 to 23 percent. Tourism and accomodation services will be subject to a 6 percent VAT, while a maximum three-year tax holiday will be granted to businesses constructing new accomodation-type facilities. The new law improves conditions for exporters and halves the sanctions for incorrect VAT payments.

Top stories

Largest companies that help search for job or employees

Not only well-known names placed in the list of the 10 largest employment agencies in Slovakia.

Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.