The Outgoing Government plans to adopt 13 measures to help companies and their employees in the current situation marked by limited economic activity, Economy Minister Peter Žiga (Smer-SD) stated on Monday, after a conference call with representatives of industry regarding the spread of the coronavirus. Richard Sulik (SaS), his successor in the new cabinet, has already indicated that he agrees with most of the measures. For example, the ministry will approach banks to ask them to postpone instalments of loans and mortgages and provide short-term loans with low interest to companies in selected sectors. The deadline for tax returns should also be postponed by three months. The self-employed should be allowed to opt for delays in the payment of insurance premiums and deductions, also by three months, with these amounts gradually to be paid within 18 months.
Meanwhile, companies won't have to pay social and health-care contributions and income tax for employees who weren't able to work due to Government measures aimed at preventing the spread of the coronavirus. According to TASR press agency, there's also a proposal on the table to reduce the price of electricity for businesses and households.
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