- Slovakia proposing to increase VAT registration threshold from EUR 49,790 to EUR 75,000
- Expected to take effect from 1st July 2024
- Option to voluntarily register for VAT would still be available
- Taxpayers with turnover less than EUR 75,000 in previous 12 months can request to deregister for VAT
- Bill requires approval by Slovak parliament and signature by President
Source: meridianglobalservices.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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