The Slovak tax authorities have prepared a new version of the current model VAT control statement, which will be available from 1 July 2023. The reason for this is the introduction of a reduced VAT rate of 5%, which is intended to help improve the framework conditions for the construction of state-subsidised rental housing with rent control and a long-term housing guarantee.
The new form will be used from 1 July 2023 for the 07/2023 and third quarter 2023 tax periods respectively. For the June 2023 tax period and the second quarter of 2023, the VAT control report will continue to be filed on the existing one.
The new version of the form was published for software companies at the beginning of March 2023. Apart from the possibility to indicate a second reduced VAT rate, there were no other changes in content compared to the previous version of the form.
A reduced VAT rate of 5% of the taxable base applies to:
- the supply of a building or part of a building, including the building plot on which the building or part of a building is located, which meets the conditions of a building of state-subsidised rental housing under the state's social policy, and the recipient of the supply is the landlord of a dwelling of state-subsidised rental housing who has concluded a contract for the operation of a residential building of state-subsidised rental housing in which that building is listed, except for the supply of non-residential buildings,
- the renovation and reconstruction of a building or part of a building, including construction and installation work on a building that qualifies as a building of state-subsidised rental housing, and the beneficiary is the landlord of a dwelling of state-subsidised rental housing who has concluded a contract for the operation of a dwelling of state-subsidised rental housing in which the building is listed, except for the renovation and reconstruction of buildings, including construction and installation work relating to non-residential premises.
