- Slovak Republic’s Financial Administration releases guidance on reduced VAT rate for accommodation services
- Changes took effect on 1 January 2025
- Guidance explains how new rate applies to advance payments, combined services, and extras like bar consumption
- Examples provided for calculating VAT
- Legislation signed in October 2024 raised VAT rate from 10% to 19%
- Amendments included applying 5% rate to accommodation services
Source: regfollower.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.
