Taxpayers can get higher default interest earlier
The Supreme Administrative Court of the Slovak Republic is currently assessing whether the current setting of interest in detaining excessive VAT deduction (value added tax) respects the principles of efficiency and equivalence required by the law of the European Union (EU). The result may be a decision that can lead to a change in the […]
Unpredictable legislative changes slow down businesses
Business is full of challenges. Small and medium -sized enterprises that make up the backbone of the economy are encountered daily with unforeseen legislative changes, excessive bureaucracy and increasing tax burden. Despite these obstacles, there are companies that can grow and succeed even in difficult conditions. Prestigious competition EY Entrepreneur of the Year Every year […]
Die kolumbianische Wirtschaft wuchs laut Dane im Jahr 2024 um 1,7 % –
Huila Diario, Ökonomie Die nationale Verwaltungsabteilung für Statistik (Dane) ergab, dass die kolumbianische Wirtschaft im Jahr 2024 um 1,7 % gestiegen ist, was im gleichen Zeitraum des Vorjahres über 0,7 % überstieg. Dieses Wachstum lag unter den Erwartungen von Analysten und Finanzunternehmen, die eine Expansion zwischen 1,6 % und 2,0 % erwarteten. Die Daten sind […]
The thirteenth pension in 2025 will be EUR 667.30
The payment of thirteenth pensions in 2025 will burden the state budget with the amount of EUR 911 million. The highest amounts will be given to old -age and premature old -age pensioners, who will be paid EUR 667.30. The payment of thirteenth pensions is planned for the end of the year, but in the […]
The state took 680 million euros to banks last year
There are 22 private banks on the Slovak market, which together in 2023 achieved a net profit of almost 1.8 billion euros. Nevertheless, the Slovak banking sector is lagging behind the competition in the European Union. The median of capital return (ROE) across the EU is almost fourteen percent, while in Slovakia it is approximately […]
Pensions: Missing 3 billion. Increasing levies is not enough
Pensions in Slovakia are financed from employees and employers’ levies, while more than 2.6 million people are currently working in the country. Nevertheless, the Social Insurance Agency is missing approximately € three billion to pay pensions. This deficit is not just a short -term problem – it is expected to become a new standard of […]
Municipalities cannot collect property tax
By the end of January, households are obliged to report to municipalities all changes in real estate ownership made during the past year, such as purchase, sale, construction modifications or inheritance. Based on these changes, municipalities calculate the amount of property tax. However, this process is complicated by a hacker attack that crippled the real […]
Bildung und Mieten führen im Jahr 2024 zu Anstiegen –
Mit einer jährlichen Inflation von 5,20 % im Jahr 2024 feiert Kolumbien nach Jahren hoher Zahlen eine wirtschaftliche Abschwächung. Allerdings sind kritische Sektoren wie Bildung und Mieten mit erheblichen Anstiegen konfrontiert, was den Geldbeutel der Kolumbianer belastet und ein Beleg für die anhaltenden strukturellen Herausforderungen im Land ist. DIARIO DEL HUILA, ANALYSE Das Jahr 2024 […]
New tax: Leaky as a sieve and unclear wording
From April this year, a completely new tax on financial transactions will start operating in the economy. The state promises an income of around half a billion euros since its introduction. From the perspective of the budget, this is the second strongest measure. Despite its importance, this major consolidation change was adopted without an impact […]
Only the ban on cash will stop the sale without a pad
At the end of 2024, the European Commission published data on the amount of the tax gap in value added tax (VAT). The latest data, based on data for 2022, show that Slovakia is among the countries with the biggest problems. Among the 27 states of the European Union, the situation is worse only in […]