FOCUS SHORT

Tax revenues are lower than planned

SIX-MONTHS of tax revenues flowing into the state budget lagged behind projections by 25 percent. The Slovak government’s tax revenues collected between January and June this year amounted to €3.7 billion, only 75 percent of the planned revenue. The Slovak Tax Directorate reported on September 21 that there was €1.242 billion less in the state’s coffers than had been projected in the budget, the SITA newswire wrote.

SIX-MONTHS of tax revenues flowing into the state budget lagged behind projections by 25 percent. The Slovak government’s tax revenues collected between January and June this year amounted to €3.7 billion, only 75 percent of the planned revenue. The Slovak Tax Directorate reported on September 21 that there was €1.242 billion less in the state’s coffers than had been projected in the budget, the SITA newswire wrote.

A lower than projected collection of value added taxes (VAT) had the strongest negative impact on state revenues. Aggregate VAT amounted to only €1.5 billion which was 60.6 percent of the projected level. Revenues from VAT were €590.5 million lower than in the same period a year ago.


Top stories

News digest: Delta variant changes conditions for travelling

Vaccinated people will enjoy more freedoms when crossing borders. Registration for Johnson&Johnson vaccine launched. Slovakia’s recovery plan approved.


54m
Marian Kočner in Supreme Court during the appellate proceeding in the Kuciak murder trial.

A retrial of the Kuciak case could sway people’s trust in the justice system

Slovakia breathes a collective sigh of relief as Kočner is stripped of his not-guilty verdict – for now.


5 h
Illustrative stock photo

Extremely hot weather continues, storms expected

Hydrometeorologists have issued several warnings for the coming days.


8 h
Igor Matovič (l) and Veronika Remišová (r)

Fico grows in popularity, Matovič and Remišová see their support drop

On the other hand, the public's trust in Robert Fico of Smer is rising, according to a recent Focus poll.


8 h