As of 1 January 2025 there are changes in the Slovak VAT Act. The basic VAT rate will rise from 20 % to 23 %, while two reduced tax rates of 19 % and 5 % will be introduced.
The first reduced tax rate of 19 % will apply to foodstuffs, electricity and restaurant services related to the serving of non-alcoholic beverages. The second reduced tax rate of 5 % will apply to selected types of food, including gluten-free food, medicines, medical devices, books and selected services, e.g. accommodation services, restaurant services related to the serving of meals, online books and audio recordings, services related to admission to sporting events, admission to fitness centres, etc.
