TAX NEWS Documents proving the beneficial owner of income in Slovakia

The Financial Directorate of the Slovak Republic in cooperation with the Ministry of Finance of the Slovak Republic and the Slovak Chamber of Tax Advisorsthe after an extensive discussion issued information on the manner, form, extent and periodicity of proving the identity of the ultimate recipient of income for the purposes of the Income Tax Act.
TAX NEWS Minimum Wage as of January 1st, 2024

Comparison of minimum wage in 2023 and 2024
ACCOUNTING NEWS How to properly account for electricity generated by a personal photovoltaic device

In the current age of endlessly rising prices and inflation of energy costs, the age of enviromentally and socially responsible investing, increasingly higher amount of companies come to a point, where a business person decides to generate their own electrical energy. This can be done by either installing a personal photovoltaic device, or by renting one for a pre-agreed period of time.
TAX NEWS Meal Allowance Amounts to Increase Again From 1 October 2023
TAX NEWS 2023 Supervisory statement: the new version that came in July and our tips and tricks on how to solve problematic situations
Advisory 2023 European Commission has approved new ESG standards as of 2024. Expert recommends that companies start collecting ESG data as soon as possible

Even though ESG reporting in Slovakia will only be mandatory for 700 large companies, the expert recommends to smaller firms that they too begin to collect data and adopt ESG measures as soon as possible.