1 January 2025 VAT increase from 20% to 23% 2025; new 19% reduced rate
Slovakia has implemented a 3% VAT rise from 1 January 2025.
In addition to the standard rate rise, there is also be a new 19% reduced rate (replacing the existing 10%) with no change to the super reduced rate of 5%. A number of supplies moved from reduced VAT rates to the standard rate.
Slovakia 2025 VAT rises
| Supplies | 2024 | 2025 |
| Standard rate | 20% | 23% |
| Non-basic foodstuffs | 20% | 19% |
| Domestic electricity | 20% | 19% |
| Catering services (inc alcohol) | 10% | 23% |
| Catering services (inc low-alcohol) | 10% | 19% |
| Catering services (no alcohol) | 10% | 5% |
| Basic foods | 10% | 5% |
| Medicines & medical devices | 10% | 5% |
| Books, textbooks, newspapers, and magazines | 10% | 5% |
| Rental accommodation, hotels | 10% | 5% |
| Rental housing support | 5% | 5% |
Read more in our Slovak VAT guide.
The new coalition government announced the rise to aid the goal of reducing the governments deceit from the 2024 6% level to 4.7% before 2026.
The central European country of 5.4 million has been under pressure to curb one of the highest deficits in the European Union, a result of increased public spending during the coronavirus pandemic and Russia’s invasion …
In the original proposals, the Ministry of Finance highlighted that Slovakia’s 20% VAT rate is below the EU average of 21.8%, and lower than surrounding EU member states:
- Hungary HU- 27%,
- Poland -23%,
- Czechia – 21%
In addition to the VAT hike, the corporate income tax rate would rise from 21% to 22%
The measure is part of a range of many tax changes to stabilise the country’s deficit.
Check our global VAT rates database, with live rates in over 300 jurisdictions.
