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Recent legislative changes in Slovakia are poised to impact global employment and tax strategies significantly. To keep you informed and prepared, we're highlighting the key aspects of these reforms. 📆 Overview of Changes Following their appointment in October 2023, the Slovak government swiftly enacted amendments affecting several tax laws, including the Income Tax Act. Effective 1 January 2024, these changes have important implications for employers and investors. 🔍 Key Impacts 🎯 Increased healthcare insurance rates for employers with staff under the Slovak social security system. 🎯 Cancelling tax exemptions on certain investments leads to higher tax liabilities. 🎯 The dividend tax rate increased from 7% to 10% for profits from 2024 onwards. 🎯 Proactive Steps for Your Business: ✅ Review and update your financial and tax strategies. ✅ Seek specialized advice for a tailored approach to these updates. ✅ Empower your global talent acquisition strategy with our Global Payroll Calculator! 🌐 Quick, accurate, and always up-to-date with the latest labour and tax laws in 190 countries worldwide. ✅ Stay Informed with us. Let's talk today!