Slovakia's Minister of Labour and Social Affairs Jozef Mihál announced at a press meeting on Thursday, June 30, that a so-called super-gross wage is to be introduced in Slovakia as of next year.
"Employees' gross wage will be increased by employer's payroll levies after the New Year," he said, as quoted by the SITA newswire. The minister explained that payroll taxes will be calculated from the super-gross wage but that employers will continue paying these contributions on behalf of their employees to health and social insurance companies. "This measure will in no way burden employees," Mihál stated.
The minister said that the measure will make the tax and payroll levy system more transparent and understandable for the general public.
Compiled by Zuzana Vilikovská from press reports
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1. Jul 2011 at 10:00