- Slovenia plans to update its VAT system effective January 1, 2025
- Key changes include the formation of VAT groups for related companies to use a single VAT number and file consolidated returns
- The VAT registration threshold will increase from 50000 euros to 60000 euros to benefit small businesses
- Small taxpayers can operate in the EU without VAT ID for revenues up to 100000 euros
- VAT rate for sugary and energy drinks will increase from 9.5% to 22%
- Limitation on transferring VAT surpluses and claiming refunds to within five years of VAT return submission
- Monthly submission of invoices to the Financial Administration of Slovenia required for pre-filled VAT returns
- Changes aim to modernize the tax system, support small businesses, and address public health through taxation on sugary products
Source: fiscal-requirements.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.
