- Slovakia plans to increase VAT to 23% on foods with high sugar and salt content.
- The increase will not affect raw materials like sugar and salt, or baby food, milk drinks, yogurts, and juices with no added sugar.
- VAT deduction on car expenses will be limited to 50% if the car is used for private purposes.
- Full VAT deduction is allowed only if the car is used exclusively for business purposes, with proof required from the taxpayer.
Source: bluedotcorp.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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