Deduction from income tax of physical persons

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Financing instrument
Name of the instrument in English
Deduction from income tax of physical persons
Country
Slovakia
Type of instrument
Tax incentives
Level of operation
National
Part of the country where the instrument applies

nap

Region(s) in which the instrument applies

nap

Sector(s) in which the instrument applies

nap

595/2003

Year of introduction
2003
Year of termination
No foreseen end to the instrument (on-going)
Governance (management, operation, monitoring and evaluation)

The Ministry of Finance is responsible for the overall management of the instrument. The Financial Office is responsible for the monitoring/evaluation of the instrument and day-to-day operation.

Eligible group(s)

All apprentices

Education and training eligible

The instrument supports only apprenticeship. It applies to EQF 3-4 levels.

Source of financing and collection mechanism

State (loss of tax revenue)

Financing formula and allocation mechanisms

Up to 100% of eligible expenditure may be deducted if the total annual wage does not exceed EUR 1,901.

Eligible costs

Any apprenticeship related costs

Volumes of funding

na

Beneficiaries/take up

In 2016 and 2015, 1,121 and 532 individuals benefited respectively.

Monitoring/evaluation reports available

na

Monitoring/evaluation results

na. At the time of this research, post-piloting phase was on-going.

Sources

Ministry of Finance,
http://www.finance.gov.sk

Financial Office,
https://www.financnasprava.sk/sk/financna-sprava

More on this instrument (in relation to adult learning)

Tax allowance for training and re-qualification of employees, and own training facilities
Slovakia
Tax incentive for companies

Related apprenticeship schemes

Dual education and training
Slovakia
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