VATupdate

Share this post on

Driving Down Costs: Slovakia Considers Lowering VAT on Fuel to Benefit Citizens

  • Slovakia’s parliament is reviewing a draft bill to reduce VAT on gasoline and diesel from 20% to 8%
  • If approved, the decrease would apply from July 1, 2024, to December 31, 2025
  • The measure aims to offer economic relief and more affordable transportation for Slovak citizens
  • This could significantly lower costs for drivers across the country

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.

Sponsors:

VAT news

Advertisements: