Slovenia published the Law of 11 March 2022 on amendments to the Personal Income Tax Act in the Official Gazette on 21 March 2022. Some of the main measures of the law include:
- A reduction in the top progressive income tax rate from 50% to 45% on annual income exceeding EUR 72,000;
- An increase in the standard personal allowance from EUR 3,500 to EUR 7,500, which will be phased in with an initial increase to EUR 4,500 in 2022, EUR 5,500 in 2023, and EUR 6,500 in 2024;
- A reduction in the capi…