Slovakia Implements VAT Rate Changes: What You Need to Know

• Slovakia has increased VAT rates
• General VAT rate increased from 20% to 23% from 1 January 2025
• Reduced VAT rate of 10% abolished and replaced by 19%
• Second reduced VAT rate of 5% remains unchanged
• Changes in VAT rates for various products including food, medicines, electricity, books, and catering services
• Amendment to the VAT Act adopted by the Slovak National Council on 3 October

Source: asd-int.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.

---

---