08.04.23

Proposed VAT registration threshold increase

VAT registration threshold increases are typically the result of careful strategic fiscal consideration by governments. They can be instigated because of external wider pressures, such as inflation, but can also offer benefits for smaller business, who will find themselves relieved from miscellaneous VAT administrative-related tasks. 

To manage their own fiscal agenda, the Slovak Ministry of Finance has proposed a change to the country’s VAT registration threshold, from 49,750 Euros to 50,000 Euros.  This proposed increase is currently subject to public consultation.  

You can read more about e-invoicing in Slovakia on our country-specific dedicated page here.