- Changes in the definition of investment property for VAT purposes from 2025
- New rules for VAT deduction and adjustment related to investment property
- Investment property defined as long-term assets used for business purposes
- Includes movable items with a purchase price over 1700 euros, buildings, construction sites, and intangible assets over 2400 euros
- Excludes inventory intended for resale or with a useful life of less than one year
- Aims to simplify VAT deduction by excluding inventory from the definition of investment property
Source: podnikajte.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.
Latest Posts in "Slovakia"
- Slovak Republic Opens International Tender for E-Invoicing Service Provider to Modernize VAT System
- Notification Duty for e-Kasa Users Becoming VAT Payers Under Slovak Law from 2025
- Slovakia to Raise VAT on Sugary and Salty Foods from 19% to 23% in 2026
- Briefing document & Podcast: E-Invoicing and E-Reporting in Slovakia
- 85% of Accounting Software Providers Prepare for Peppol-Ready e-Invoicing in Slovakia
