Associations of Employers Support Tax & Levy Reform

BRATISLAVA, September 7, (WEBNOVINY) — The Federation of Employers‘ Associations of the Slovak Republic (AZZZ), the Club 500, the National Association of Employers (RUZ) and the Slovak Chamber of Commerce and Industry back the enactment of the tax & payroll levy reform as proposed by this government. The existing system for funding social security, employers say, lacks efficacy and is excessively infected with red tape. They see the principles of suggested changes as the first fundamental re-assessment of a complicated and unjust system of contributions paid to the system. If approved, the reform will cut public spending, slash the administrative burden and introduce transparency into the payment of taxes and social and health insurance contributions.

Sole-proprietors, artists and small entrepreneurs are appealing on legislators not to approve the blueprint of the tax & payroll levy reform in its current version. “We are not against the reform. We oppose to making this system more complicated both for economically active people as well as the state, instead of declared simplification,” Chairman of the Board of the Slovak Coalition for Cultural Diversity, Pavol Kral, stated Tuesday, pointing to the intention to limit deductible flat expenses to a monthly maximum of EUR 200. This will complicate the tax system, in his words. Lawmakers are slated to debate the legislative format of the reform at the ongoing session. “We want to talk to all MPs, who should consider all pros & cons, whether the reform will bring about what is expected from it,” said Chairman of the Slovak Craft Chamber Vojtech Gottschall.

SITA