In the draft amendment to the Slovak VAT Act, The Ministry of Finance proposed a lower threshold for simplified invoices. Currently a simplified invoice can be issued for supplies of goods or services up to EUR 1,000, excluding VAT. In the draft amendment the proposal is to lower the threshold to EUR 400, excluding VAT.
Source: meridianglobalservices.com
Latest Posts in "Slovakia"
- Slovakia Sets Stricter VAT Deduction Rules for Business-Use Vehicles, Requiring Electronic Journey Records
- Slovakia Delays Mandatory Cashless Payment Requirement for Sellers to May 2026
- Mandatory E-Invoicing in Slovakia from 2027: How to Prepare for Upcoming EU Requirements
- Slovakia Introduces SAPI-SK: Unified Solution to Simplify Electronic Invoicing for Businesses
- New VAT Form: 100% Deduction for Business Cars Only With All Legal Conditions Met from 2026
