Government approved 114 measures to improve business environment
- Vladimír Dohnal

- Jun 25, 2020
- 1 min read
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.


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