Changes ahead for meal and travel allowances
The Ministry of Labour, Social Affairs and Family of the Slovak Republic released a draft decree on the increase the amounts of meal and travel allowances. This is the result of statistics on the continuing rise in food prices and travel related costs, which are taken into account during the meal allowance calculation.
As we informed you in our previous Article, new rates of the meal and travel allowances came into force on 1 May 2022. Following latest update, the amounts of meal allowance as well as the basic compensation for each kilometer traveled on a business trip by the private vehicle shall be amended again.
Proposals for both measures are currently subject to the inter-governmental review process by 7 July 2022. The effective date of the draft measures is expected to be 1 September 2022.
We will keep you informed of any new developments in this respect.