- The document is from the Financial Directorate of the Slovak Republic and addresses frequently asked questions about tax exemption for small businesses.
- It is intended for domestic suppliers or service providers considering the special tax exemption for small businesses.
- A self-employed person (SZCO) can apply the special tax exemption if their annual turnover did not exceed 100,000 euros in the previous and current year.
- Domestic registration for VAT purposes does not affect the ability to apply the special tax exemption.
- For VAT registration, only the value of goods or services delivered domestically is included in the turnover.
- The special tax exemption applies to the total value of goods and services delivered domestically and in other EU member states.
- If the turnover is exclusively domestic, the special tax exemption is irrelevant.
- A VAT payer cannot apply the tax exemption for deliveries with a place of delivery in the domestic territory.
- The special tax exemption applies only to deliveries with a place of delivery in another EU member state.
Source: financnasprava.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.
