Automatic Indexation of Income Tax Brackets Slated for Abolition

Ljubljana, 29 August - The government adopted on Thursday amendments to the income tax act eliminating the automatic indexation of income tax brackets to inflation as a means of securing additional tax revenue. It expects to rake in an additional EUR 30m per year as a result of the changes.

Ljubljana Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

Ljubljana Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session Photo: Nebojša Tejić/STA

Ljubljana
Finance Minister Uroš Čufer speaks to the press after the weekly cabinet session
Photo: Nebojša Tejić/STA

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