Slovakia: Amendments to VAT Act approved by Parliament

Changes in VAT registration and VAT deregistration

Changes in VAT registration and VAT deregistration

The Slovak Parliament approved amendments to the Slovak Value Added Tax (VAT) Act with effective dates of 1 July 2024, 1 January 2025, 1 July 2025, and 1 January 2026 (except for amendments to the reporting obligations of providers of payment services which is proposed to be effective as of its publishing), which include:

  • Introduction of special scheme for small enterprises
  • Changes in VAT registration and VAT deregistration of established and non-established taxable persons (and in this respect also in deadlines for filing the VAT reports and issuance of invoices)
  • Changes in late VAT registration and related reporting
  • Introduction of reverse-charge mechanism upon importation of the goods (subject to further conditions)
  • Changes in taxation of leasing agreements
  • Amendment to the place of supply of services in case of virtual events
  • Introduction of the possibility to claim input VAT deduction from intra-community acquisition of the goods also based on another document than an invoice
  • Decrease in the amount upon receipt for which a simplified invoice may be issued (from €1000 to €400)

Read an April 2024 report prepared by the KPMG member firm in Slovakia



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