Yesterday (December 13, 2018), the Slovak Parliament overrode President’s veto on the Act on special levy of supermarket chains which introduces the obligation to pay a special levy in the amount of 2,5% of the net turnover of the supermarket chain.
Several changes in the field of VAT were introduced at EU level, inter alia measures intended to improve the current VAT system – “so called quick fixes”, the possibility to apply reduced VAT rates to electronic publications, reaching agreement on…
Several new exemptions or tax bonuses have been introduced in taxation of individuals for the years 2018 and 2019. As in many cases these changes were passed indirectly through amendments to other regulations, we prepared for you a summary of the…
Slovak Parliament overrode President´s veto on the amendment to the Act on travel and tourist industry promotion that touches on recreation of employees and introduces recreational vouchers as the new financial tool for promotion of travel and…
Approved wording of the Amendment to the VAT Act contains two significant changes.
An overview of the key tax due dates to be followed in December 2018.
One of the most significant changes of the amendment is the introduction of prepayments for social insurance and the annual reconciliation of these prepayments. The aim of the amendment is to avoid the social insurance optimization.
On 21 September 2018 Slovakia officially submitted ratification instrument of Multilateral Convention which will enter into force for Slovakia on 1 January 2019.