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.
