22. August 2005 at 12:28

Analysts say proposed payroll tax cuts are cosmetic

Font size: A - | A +

PAYROLL taxes for the self-employed might be reduced starting next year, the daily SME reported.

Labour Minister Ludovít Kaník said that taxes paid by the average, self-employed Slovak to cover health insurance costs could drop from 4.4 percent to 2.8 percent of their income.

SkryťTurn off ads
SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

Liberal economist Martin Chren from the F A Hayek foundation says payroll tax reform would be successful only if reduces all payroll taxes by at least 50 percent.

Compiled by Marta Durainová from press reports
TheSlovak Spectator cannot vouch for the accuracy of the informationpresented in its Flash News postings.

SkryťClose ad