Government approved 114 measures to improve business environment

25.06.2020

The government approved 114 measures to improve the business environment. These are mostly minor measures that cost the state nothing and should save businesses €100m annually. All changes in taxes and levies will take effect on January 1; the audit threshold is increased (assets over €4m or turnover over €8m); income tax advances will be calculated by the tax authority FS; the minimum fine for breach of hygiene standards by retailers is reduced from €1m, and an appeal will suspend its payment; fixed-term job contracts will be allowed for three instead of two years; companies will not be responsible for staffing agencies’ misdemeanors; companies won’t report vacancies to labor offices; companies will not have to keep price records; retail inspection SOI won’t impose sanctions for minor shortcomings; health service rules are eased; the range of produce for sale outside stores will expand and the ’burčiak’ wine sale date won’t be restricted; real car fuel consumption will be tax deductible; the fine for damaged receipts and the obligation of retailers to donate food to charity are abolished. Changes to meal vouchers will be discussed this fall.

 

(dennikn.sk)

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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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