Archives: Linkedin články

How to avoid financial transaction tax for companies and entrepreneurs

How to avoid the tax on financial transactions for companies and entrepreneurs After the approval of the consolidation package, many Slovaks are wondering how to get rid of this senseless tax. I confess, I was in the same position. 👺 I’m tempted to think about how to get around the whole thing 👼🏽 always guides […]

HOW DO YOU PROTECT THE ASSETS AND BUSINESS BUILT UP OVER YEARS IN AN UNREFORMED COUNTRY ?

HOW DO YOU PROTECT THE ASSETS AND BUSINESS BUILT UP OVER YEARS IN AN UNREFORMED COUNTRY ? We recently published our next podcast(https://bitly.cx/GPTln), where my colleague Peter Varga talked with former Finance Minister Ivan Mikloš about how crucial the tax reform that the second Dzurinda government managed to push through in 2003 was in the […]

Podcast with Ivan Mikloš about the 2003 tax reform

Podcast with Ivan Miklos about the 2003 tax reform. A substantive debate also on the pitfalls and shortcomings of the current setup. Judge for yourself. In 2025, a company with taxable income of, say, €500,000 and a profit of €200,000 would have to pay income tax of €42,000. However, if it were to ‘split’ into […]

Transitional period for the business of virtual currency wallet and virtual currency exchange service providers shortened by half a year

The transitional period for the business of providers of virtual currency wallet services and virtual currency exchange services has been shortened by half a year. These entities will therefore have to obtain a MiCA Regulation authorisation by 30 December 2025 at the latest if they wish to continue their activities in Slovakia. This shortening was […]

Government Consolidation Package 2024

Government’s 2024 consolidation package – two preliminary observations: 1) “employment” of sole traders/”one-person SROs” (“contractors”) The state has announced that it will fight against “employment” of contractors. However, like last year (I wrote more here: https://lnkd.in/ekwhPBJQ), this year it is doing exactly the opposite. It favors contractors over employees: changes starting in 2025 (simplified): 🚩 […]

From 1.1.2025 prepare for complicated changes in VAT registration

From 1.1.2025 get ready for complicated changes when registering for VAT. ➡Voluntary registration – before exceeding 50,000 turnover – pretty easy and understandable ➡After exceeding 50,000 turnover but before exceeding 62,500 turnover – here you go 3️⃣ options: 1️⃣ Notify the Tax Office that you have exceeded 50,000 turnover and the Tax Office will automatically […]

“Crypto” tokenization of securities has the potential to cheapen the capital market

“Crypto” tokenization of securities has the potential to make the capital market cheaper. In addition to the standard supporters of cryptos, the EU also thinks so. Namely, if a Slovak issuer wants to issue securities and offer them outside SK, the process is significantly simplified thanks to the EU, but de facto prevented by the […]

TATRA BANKA HAS MERGED THE LARGEST BANKS IN SLOVAKIA

TATRA BANKA JOINED THE BIGGEST BANKS IN SLOVAKIA 😮 You know it too. The accountant keeps chasing you because you haven’t sent her your bank statement yet. She can’t get her books complete. She is trying to find some xml. and pdf. and you don’t know where to find it in the bank. Nerves 4000 […]

State goes to focus on “employing tradesmen”

The state is going to focus on “employing tradesmen”. Are we in for a new Eldorado? As part of the December 2023 consolidation package, Parliament approved an increase in the health insurance premium rate for both sole traders and employees from 14% to 15%. Admittedly a marginal change, but textbook in revealing the incoherence of […]