From 1 January 2020, the small business tax will be reduced by 1 percentage point to 12%.
At the time of the summer tax law changes, the reduction of the KIVA rate has already been mentioned, but this measure will only be effective from 1 January 2020. Currently, about 51,000 taxpayers have opted for this type of tax. With the reduced tax rate, these businesses are expected to retain their previous tax advantage.
