Happy Tax Freedom Day on 1 June

Happy tax freedom day, we might say, as all the money you have earned this year to date has officially, or rather statistically, gone towards paying your dues to the state, which works out about 42% of all you earn.

At least it came 2 days earlier than last year, when it fell on 4 June, according to according to data of the Association of Slovak Taxpayers and the F.A. Hayek Foundation.

As the new government of Robert Fico slaps additional taxes and levies on everyone, the tax burden will increase, and so an increasing number of people and companies are starting to look at other options like relocating their company elsewhere.

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