- Changes in VAT rates from 1.1.2025
- Standard rate of 23%
- Reduced rate of 19% for certain food items, mineral water, salt, and electricity
- Reduced rate of 5% for basic food items, medicines, printed and electronic books, magazines, entrance fees to sports events and fitness centers
- Changes in registration as a VAT payer from 2025
- Taxable persons exceeding a turnover of 50,000 euros will be required to register as VAT payers
- Deduction of VAT when acquiring goods from the EU without a supplier’s invoice
- The right to deduct VAT can now be claimed even without an invoice from the supplier, using other credible documents such as a delivery note.
Source: emineopartners.sk
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.
