Reduced working hours, known as Kurzarbeit, effective from 1 January 2022
On 4 May 2021, the National Council of the Slovak Republic adopted Act No. 215/2021 Coll. on Compensation for Reduced Working Hours and on amendments to certain acts with effect from 1 January 2022, which amends Sections 9 and 13 of Act No. 595/2003 Coll. on Income Tax, as amended. Under this amendment, compensation for…