Construction
From 1.01.2024, the minimum monthly salary for those employed in construction area will be increased from 780 EUR to 930 EUR during normal working hours. Accordingly, the minimum hourly rate is also increased to 5.57 euros.
On the other hand, for those who correspond to the basic group of professions 9, the minimum monthly salary within normal working hours remains unchanged – 780 euros and the minimum hourly rate – 4.67 euros, until 31.12.2024.
New company rating system
From 1.01.2024, the State Revenue Service (SRS) will introduce a new company rating system, which will be designed so that companies can verify the integrity of cooperation partners in fulfilling their tax obligations and check their financial indicators.
Ratings will be assigned as follows:
A – companies with good tax payment discipline and without significant risks regarding the fulfillment of tax obligations;
B – companies that have risks of fulfilling tax obligations in at least one area (registration, submission of declarations, completeness of declared data, payment of declared taxes) and which need to improve indicators characterizing the fulfillment of tax obligations;
C – companies which, due to violations, have been excluded from the register of VAT payers of the SRS or the SRS has decided to suspend their economic activity;
N – companies that do not carry out active economic activity, i.e. do not create paid jobs and, accordingly, do not pay taxes;
J – companies registered in the last six months.
The SRS will evaluate the following when determining the rating of taxpayers:
- assessment of registration data;
- declaration and report submission indicators;
- performance indicators of tax obligations;
- results of tax and customs administration measures;
- salary assessment;
- assessment of tax declaration risks.
Information about cooperation partners will be publicly available on the SRS website, as well as information about the company’s own tax payment will be visible in EDS.
