Spectator on facebook

Spectator on facebook

Firms want payroll taxes lowered

ACCORDING to the Slovak Business Alliance (PAS), entrepreneurs continue to see Slovakia's high payroll taxes as a major obstacle to doing business in Slovakia.

PAS experts say that the cabinet should consider decreasing or even abolishing payroll taxes to increase the country's competitiveness.

Changes in the payroll tax system, says PAS, could lower the tax burden by 4 to 6 percent from the current 47.8-percent rate per gross wage, the daily SME reported.

Even though the Slovak cabinet has managed to cut payroll taxes from 50.8 percent to 47.8 percent, Slovakia's rates are the highest in the region and paid largely by employers.

It has been suggested that the government should classify health insurance contributions as taxes, reduce unemployment insurance contributions and make pension, illness and accident payments voluntary instead of compulsory.

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

Top stories

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Poll: Smer followed by SaS, KDH also in parliament

Had the general election taken place in mid-February, the opposition Freedom and Solidarity (SaS) would place second, and the now extra-parliamentary KDH would get nine seats.

Alojz Hlina took over at the helm of KDH

Woman who urinated on the Quran arrested, awaiting trial

Some observers believe the video might lead to increasing security risks for Slovakia.

The accused woman arrives to the court.