Mazars produces various newsletters covering all areas of our business which are available to download from here. We hope you find them interesting.
End of the emergency situation in the financial area as of 30 September 2020
On 22.9.2020 the National Council of the Slovak Republic approved the amendment to Act No. 67/2020 on certain emergency measures in the financial area in connection with the spread of the dangerous contagious human disease COVID-19, as amended, which ends the emergency situation and ends the pandemic period for the purposes of applying specific financial measures, including tax measures. Below we summarize the most important changes and deadlines in the tax area.
Amendment to the value added tax act as of 1.1.2021 and 1.7.2021
Read the overview summary of the most significant changes brought by the draft of the Amendment to the Slovak Value Added Tax Act No. 222/2004 Coll., which was submitted for the approval to the National Council of the Slovak Republic on 28 August 2020.
Subsistence minimum changes as of July 2020
24.7. 2020 - The subsistence minimum is a socially recognized minimum income limit of a natural person, below which a state of material need occurs.
Proposed measures directed at economy in the context of COVID-19 virus outbreak
19.3.2020 - The main aim of these measures is to support finance condition, liquidity and cash flow of companies and employers, to prevent collapse in the business sector and to maintain strategic and critical processes necessary to tackle COVID-19 virus spread while maintaining stability and minimising of panic.
Information from the Labour inspectorate (in Slovak)
1.4.2020 - Radi by sme Vás informovali , že sme preverovali situáciu ohľadom koronavirusu na inšpektorátu práce a potvrdili nám nasledovné:
Five tips for handling COVID-19 from our company
16.3.2020 - We all agree that the ongoing development around COVID-19 pandemic has unprecedently influenced functioning of many teams and businesses. Efficiency and motivation of both managers and employees must be ensured. New situations and settings keep popping up every day. Eventhough we are aware of many online options they are rarely used in such wide and long measures. Let's have a look at few tips we've set up in our company.
Important labour-law information during the coronavirus pandemic
16.3.2020 - Ongoing situation changes our regular settings of work. Approaches that has always been considered benefits such as home office, are now the most common way of functioning. This brings questions and queries but you will find answers here.
Extension of the deadline for tax return submission until 30.6.2020
26.3.2020 - Following the current restrictions in order to prevent the spread and to mitigate the impacts of disease Covid-19, Financial Administration of Slovak Republic informed about the possibility of filing a tax return “in paper form” and paying tax liability within an extended deadline until 30.06.2020 without submission of an official announcement.
Payroll changes as of 1 January 2020
Our HR & payroll experts have prepared an overview of changes in the payroll legislation so that you will not get confused.