On 18 September 2024, the Slovak government approved a bill on various tax measures. One of these measures implements a change in VAT rates: The standard rate increases from 23% (instead of 20% currently). There are two reduced rates: 19% (formerly 10%) and 5% (unchanged). The specific details regarding the goods or services subject to these reduced rates remain to be finalised.
Source: easytax.co
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"
- Slovakia’s 2027 Mandatory e-Invoicing: Scope, Timeline, and Key FAQs for VAT Payers
- Slovakia Mandates E-Invoicing for VAT Payers from 2027; FAQ Released for Businesses
- Fiscalization and VAT Treatment of EV Chargers in Slovakia: Overview and Legal Framework
- Slovakia Emerges as Major Hub for Large-Scale VAT and Customs Fraud in the EU
- Slovakia Issues FAQs on Mandatory VAT E-Invoicing Effective January 2027 for B2B and B2G
