Spectator on facebook

Spectator on facebook

2005 tax revenues projected to increase

SLOVAKIA's tax revenues for 2005 should reach Sk202 billion (€5.1 billion) or 78.1 percent of the total budget revenues, according to the proposed budget for 2005-2007.

In 2006 the draft budget projects tax revenues of Sk214.7 billion (€5.3 billion) and Sk 231.2 billion (€5.7 billion) in 2007, according to the TASR news agency.

"In 2005, tax revenues will increase 0.25 percent year-on-year. This low rise will result from the fiscal decentralisation due to begin in January 2005, which changes the method of allocating money to public administration bodies," says a statement issued by the Finance Ministry.

Most of the remaining revenues will come from grants and transfers, mainly from the EU, which should amount to Sk39.5 billion (€980 million) in 2005, Sk42.86 billion (€1.06 billion) in 2006 and Sk48.41 billion (€1.2 billion) in 2007.

EU funds will contribute Sk26.51 billion (€660 million) to the budget in 2005, Sk31.36 billion (€790 million) in 2006, and Sk35.9 billion (€890 million) in 2007.

Total non-tax revenues for 2005-2007 are put at between Sk17-17.7 billion (€420 million- €440 million).

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava