The Slovak lower parliamentary house is currently debating a state-funded benefit proposal designed to stimulate employment within the low-paid sector. If passed, the draft amendment to Act No. 595/ 2003 Coll. on Income Tax would allow low-income earners to claim an annual bonus in arrears, in the form of an income tax return lump-sum, or 'negative tax' from March 2010. (Ref. 080906)
Targeted audience. Currently
dubbed ‘employee bonus’, the proposed benefit would boost low-paid incomes at,
or lower, than the minimum wage level by approximately Sk2,500 a year (just
under EUR 83). The Finance Ministry, from which the proposal originates, has
expressed hopes that the bonus will motivate Slovakia’s long-term unemployed,
who now represents 54% of the total jobless. The ministry has also suggested
that the bonus could be used as an incentive to motivate those taking maternity
and
Do you have information to share with us?