Slovakia considers lowering VAT Rates and expanding the reduced VAT Categories

31 January 2025

The Slovakian parliament is currently reviewing draft bills that will expand the list of goods eligible for the 5% reduced VAT rate to include additional food and hygiene items and reduce the standard VAT rate in the country from 23% to 20% (which was the rate in effect until 31 December 2024).

If accepted, these changes will be implemented from 1 July 2025.

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