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Social and health insurance contributions · March 19, 2026
Obligations towards insurers when closing a business
Closing a business and your obligations towards insurers: who to deregister from the Social Insurance Agency and the health insurance company and by when, and how to settle your contributions. We can help.
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Social and health insurance contributions · September 30, 2024
Social Insurance Agency – setting up authorised access electronically
DIGITAL ACCOUNTING In this article we describe in detail how to handle communication with the Social Insurance Agency (Sociálna poisťovňa) electronically and simply, from the comfort of your home. Electronic communication with the Social Insurance Agency works on the basis of a power of attorney. You, as the company’s managing director, authorise BJ Accounting Services, which will send all the necessary statements and forms on your behalf. This method of communication has long been the most reliable and is not changing.
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Social and health insurance contributions · September 13, 2024
Voluntary social insurance: how to protect yourself against unexpected situations
Paying voluntary social insurance gives citizens protection against unexpected life situations. This type of insurance secures an income in the event of illness, maternity, job loss or reaching retirement age. Employers pay social insurance contributions for their employees from their gross wages, and in some cases the state may pay the insurance, for example during maternity leave.
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Finance and financial management · Business and start-ups · Social and health insurance contributions · Employment and labour law · September 5, 2024
Running a business and receiving unemployment benefit: is it possible?
Can an entrepreneur, such as a shareholder or managing director of an s.r.o. or a self-employed person (SZČO), bridge a period without income with unemployment benefit? You will find the answers to these questions in the following article.
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Finance and financial management · Business and start-ups · Social and health insurance contributions · August 15, 2024
The obligation of self-employed persons to pay social insurance contributions from 1 July 2024 and 1 October 2024
From 1 July 2024, or from 1 October 2024 (where the deadline for filing the tax return was extended), new rules apply to the obligation of self-employed persons (SZČO) to pay social insurance contributions. This obligation depends on the income reported in the tax return for the previous calendar year.
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Finance and financial management · Social and health insurance contributions · July 8, 2024
CHANGES TO THE PENSION SYSTEM: NEW MINIMUMS AFTER ENFORCEMENT, ADJUSTED EARLY PENSIONS AND UPDATED MINIMUM PENSION AMOUNTS
From 1 July 2024, the subsistence minimum increased from €268.88 to €273.99 per month. This change will affect enforcement deductions from pensions, entitlement to an early old-age pension and the level of minimum pensions. What does all this mean for pensioners?
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Finance and financial management · Business and start-ups · Social and health insurance contributions · Accounting · Employment and labour law · September 15, 2023
Working with an external partner
WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF USING AN EXTERNAL COMPANY FOR ACCOUNTING AND PAYROLL? In today’s fast-paced and competitive business environment, many businesses are turning to new strategies to improve efficiency and reduce costs. Outsourcing, that is, entrusting certain business functions to third parties, is one such strategy, and it is becoming increasingly popular.
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Legislation and amendments · Business and start-ups · Social and health insurance contributions · Employment and labour law · July 12, 2023
Overview of legislative changes effective from 1 July 2023
Increase in the basic allowance for each 1 km driven from 1 July 2023 Measure of the Ministry of Labour, Social Affairs and Family of the Slovak Republic No. 247/2023 Coll. of 27 June 2023 changes the amounts of the basic allowance for the use of road motor vehicles on business trips with effect from 1 July 2023.
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Legislation and amendments · Social and health insurance contributions · April 18, 2023
New obligation for employers from 1 January 2023: reporting analytical data on employees to the Social Insurance Agency
From the beginning of the year, i.e. from 1 January 2023, employers have a new obligation to report analytical data on their employees to the Social Insurance Agency (Sociálna poisťovňa). Employers had to do this for all their current employees by the time they submitted the statement for January. This obligation arises from the amendment to the Social Insurance Act No. 317/2018 Coll., which took effect on 1 January 2023.
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Finance and financial management · Social and health insurance contributions · Employment and labour law · April 12, 2023
Minimum pension – the amount I have to pay for a year to count towards my years worked
What is a period of pension insurance? A period of pension insurance is a period for which pension insurance contributions were paid, and it is also counted towards the insurance period for calculating the pension. Entitlement to a minimum pension? When it comes to entitlement to a minimum pension, however, two periods of pension insurance need to be distinguished.
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Finance and financial management · Social and health insurance contributions · Employment and labour law · February 8, 2023
The third pillar
The third pillar was the first voluntary, private option for long-term retirement saving. Several supplementary pension insurance companies were set up in Slovakia as early as the late 1990s. After a change in legislation, these were transformed into the supplementary pension companies (DDS) we know today. Investing through a DDS is essentially the same as investing through mutual funds.
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Finance and financial management · Social and health insurance contributions · Accounting · Employment and labour law · February 6, 2023
The first pillar and the old-age pension
Every working citizen who is required to pay contributions to the Social Insurance Agency (Sociálna poisťovňa) contributes to the first pillar. The first pillar is built on the principle that the money collected through contributions is used to fund the pensions of today’s pensioners. The money is not saved in the citizen’s own individual account, as it is in the second or third pillar.
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