Czech Senate spoke out against low taxes for OSVČ (Czech self-employed status)

The upper house of parliament rejected a proposal by the coalition to return social security contributions for OSVČ (Czech self-employed status) to last year's level. Opponents of the reform insisted that lowering monthly contributions by 715 Czech crowns will lead to a reduction in future state pensions for the self-employed by at least 1500 Czech crowns per month, and the country's budget will lose about 3.5 billion Czech crowns annually. Supporters of lowering the burden are confident that this is the only way to stop the mass closure of small businesses. The decision on contributions returns to the Chamber of Deputies, which has every chance to override and approve the reduction.