Slovaks will work this year somewhat longer than last year to pay off their tax obligations. According to an analysis prepared by Deloitte tax consultancy, Tax Freedom Day will fall on June 2 this year. This means Slovak taxpayers will have to work 153 days to earn enough income to pay their taxes - three days more than last year. The situation is similar in other EU countries, such as Poland, Spain and Ireland. People in France and Belgium will work the most days to pay off taxes and those in Romania and Bulgaria will work the fewest. Slovakia ranks eleventh among EU countries in this respect, and is among those countries with a lower tax burden overall. The 3-day shift in Slovakia's Tax Freedom Day, however, shows that the tax burden here is rising. This confirms the subjective feelings of taxpayers, who can feel a decline in their net income due to the increasing tax burden," according to Lubica Dumitrescu, a partner at Deloitte.
Slovaks will work for state 3 days longer this year
20. 02. 2019 13:00 | News
Jonathan McCormick, Photo: SITA