What changes (may change) In Slovakia?

• Increase of the VAT rate from 20 to 22% per July 1, 2024
• Abolition of most reduced VAT rates (e.g. on food, recreation, sport, printed publications, accommodation services, etc.)
• Reduction in the threshold for issuing simplified invoices from EUR 1000 to EUR 400
• Expected timeline for B2G CTC roll-out delayed till Q1/2024
• Special scheme for small businesses
• Changes in VAT registration and VAT deregistration of established and non-established taxable persons
• Changes in late VAT registration and related reporting
• Changes in deadlines for filing VAT reports and issuing invoices
• Reverse charge mechanism for goods importation (depending on further conditions)
• Revision of the place of supply of services for virtual events
• Input VAT deduction from intra-community acquisition of goods based on documents other than invoices
• Abolition of exemptions of electricity, coal and natural gas from consumption taxes

See also

• Proposal for the recovery of public finances (in Slovak)

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