Prepared Draft Acts01/05/08 / cata_tax-news
The House of Representatives (Lower House) approved an amendment to the Road Tax Act. The amended provisions should result in reduction of road tax rates for vehicles over 12 tons used as new for businesses that are more environmentally friendly. The lower rate should apply for 36 months following the first registration.
The House of Representatives (Lower House) suspended discussion on the proposed amendment to the Income Tax Act which should have cancelled the inclusion of employers’ contributions for employee catering into tax efficient costs.
The House of Representatives (Lower House) received a government draft act on pension insurance and organization and implementation of social security. Pursuant to the draft, the time period for insurance should be extended and time spent in study at secondary schools and universities should no longer be acknowledged as substitute time. The retirement age should be extended to 65 years for men and women having 0-1 children. The draft also defines the so-called semi-retirement under which the individuals involved should receive one half of their pension and the percentage for other gainful activity should be simultaneously increased.