Law Changes 2022
Minimum wage
From 01.01.2022, the minimum wage increases to EUR 654 per month (EUR 584 in 2020 and 2021). The minimum hourly rate is EUR 3.86 gross.
Social tax minimum
The social tax minimum in 2022 is EUR 192.72, the same as in 2021.
Payroll taxes
No changes in payroll taxes in 2022. Withholdings remain 1.6% employee unemployment insurance (except for management board member contracts), 2% funded pension, and 20% income tax.
Reduced VAT rate for publications
The VAT Act is amended with a 5% VAT rate that will apply to publications currently taxed at 9%.
Sick leave compensation 01.01.2021-31.12.2022
The employee's liability is the first sick day, the employer pays compensation from the second to the fifth day, and the Health Insurance Fund pays compensation from the sixth day.
Probation period calculation change
From 01.08.2022, the probation period does not include time when the employee's performance of duties is hindered by temporary incapacity or use of leave.
Tax debt deferral and II pension pillar
From 01.07.2022, II pension pillar tax debt can no longer be deferred.
Tax and Customs Board interest rate
From 01.01.2022, the interest rate returns to 0.06% per day.
VAT reduction for bad debts
From 01.01.2022, VAT can be reduced on bad debts if the following conditions are met:
- an invoice has been issued for the goods sold or services provided;
- VAT has been calculated and declared on the transaction;
- the claim has not been assigned;
- at least 12 months but not more than three years have passed since the invoice due date;
- the claim has been written off in accounting;
- for claims exceeding EUR 30,000 in VAT, the claim is confirmed by an enforceable court decision;
- the buyer or service recipient is not a related party;
- the taxable person has notified the buyer or service recipient in writing of the write-off.
Commemorative coins taxation
From 01.07.2022, the taxation of commemorative coins is aligned with the VAT directive.
II pension pillar withdrawals simplified
Pension-age individuals can now withdraw amounts other than the full balance at once.
III pension pillar changes
From 01.01.2022, it is also possible to choose a fund pension for the III pillar.
e-Business Register data free of charge
From 01.10.2022, all company data is available free of charge in the e-Business Register .
Changes to parental benefit and child leave system
Changes to parental benefits and child leave took effect on 01.04.2022. More details are available on the Social Insurance Board website .
Changes to 0% VAT rate for freight transport services
From 01.07.2022, 20% VAT applies to transport services for goods export and import if the service is not provided directly to the consignee or consignor.