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OKS objects to hike in tax and payroll levies for the self-employed

A group of Civic Democratic Party (OKS) MPs, who are members of the Most-Híd party deputy caucus, have criticised as unacceptable an increase in taxes and payroll levies for the self-employed and people working on task-specific contracts outside regular jobs.

A group of Civic Democratic Party (OKS) MPs, who are members of the Most-Híd party deputy caucus, have criticised as unacceptable an increase in taxes and payroll levies for the self-employed and people working on task-specific contracts outside regular jobs.

"OKS will respond by proposing draft measures that should support small and medium-sized enterprises. OKS considers savings in public expenditures, which the group will introduce in its 5+1 package, to be a real solution," OKS Chairman Peter Zajac told the SITA newswire.

The Coalition Council agreed on Monday, March 7, that a working group will fine-tune the prepared reform of taxes and payroll levies. The net income of some 230,000 self-employed individuals should fall due to the tax and payroll levy reform, which will raise the calculation base for premiums as well as the tax base, which will no longer be reduced by paid premiums. Some 170,200 taxpayers involved, reporting profit before taxation and premiums deduction ranging from €3,416 to €8,162, will face a drop in income of 8.4 percent, or €312.60 per year on average. Self-employed people reporting a profit before taxation and deduction of premiums amounting to between €8,163 and €84,706 will lose 11.2 percent, or €1,208.4 on average.

Source: SITA

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

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