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Slovak Government Exempts Low-Income Self-Employed from New Micro-Levy

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Slovakia's ruling coalition parties Voice and Slovak National Party announced that small business owners and self-employed individuals earning less than 2,876.90 euros annually will be exempt from a new monthly micro-levy of 131 euros. Labor Minister Erik Tomáš said the exemption would benefit approximately 30,000 of the country's smallest self-employed workers. Voice and SNS are part of the three-party coalition government led by Prime Minister Robert Fico's Smer-SD party. The micro-levy is part of broader changes to social insurance contributions for self-employed workers, though the exemption applies only to those with very low annual incomes.

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