Year 2014 was – similar to the last few years – very generous on changes governing framework conditions of the business environment in Slovakia. In order to strengthen the fight against tax evasions, but also aiming to reduce the administrative burden for entrepreneurs and ensure protection and better conditions for employees, the Slovak government has introduced new measures and statutory duties and has made the business life of entrepreneurs even more difficult.
During the year 2014 almost all the important acts influencing the business environment in the Slovakia were amended. As of 2015, amendments to the Income Tax Act, VAT Act, and Act on Accounting, Labor Code, Act on Social Insurance and Health Insurance and other have come into force.
The main aim of this document is to keep you up to day with the most significant changes in the areas of accounting, payroll and taxes in 2015, that may influence your business in Slovakia:
Amendment to VAT Act
Amendment to Income Tax Act
Amendment to the Accounting Act
Electronic Cash Register
Payroll and HR
Amendment to the Labour Code
Amendment to the Health Insurance Act
Increase of the Meal Allowances
Amendment to the Act on Scial Insurance