Lower house approves abolition of “super gross” wage

The lower house has approved the abolition of the “super gross” wage, as the base for calculating employee income tax.

The bill proposed by the government would see income tax cut from the present 20 percent to 15 percent for low and medium income groups. People with an income of over 139,000 crowns a month would pay a 23 percent tax.

The abolition would be valid for two years only, allowing for changes depending on the country’s post-pandemic economic development.

The bill still needs to win approval in the Senate and be signed into law by the president.