Super-deduction now also in sports!
Amendment to the Income Tax Act
The approved amendment to Act No. 595/2003 Coll. on Income Tax, as amended (the “Act”), introduced several changes for sports. Changes in the law effective from 1 January 2026 exempt coaches’ income of less than EUR 300 from income tax, and introduce a tax benefit of super-deduction for sports.
Tax exempt income of coaches and sports instructors
The employment income of up to EUR 300/month earned by coaches from all employers, will also be exempt from tax.
Tax benefit - super deduction
Essential characteristics of super-deductions
The newly introduced tax benefit called super-deduction consists of deducting expenses for the promotion and support of sports. Up to 50% of expenses incurred to support sport projects can now be deducted from the tax base.
For the purposes of the super-deduction, the support of sport projects shall mean non-monetary help provided to sports organisations, such as the supply of sports equipment or tools.
Eligible entities
Legal entities or natural persons who are business owners or other self-employed will be able to apply for the deduction of expenses from their income.
Conditions and limits
One of the basic conditions for the application of the super-deduction is that the taxpayer’s tax base must give a positive result after the tax loss is deducted, while the deduction per se is limited to EUR 250,000 for the respective tax period.
The first tax year when taxpayers will be able to deduct expenses (costs) for promoting sports begins on 1 January 2026.
Transparency and data disclosure
With regard to transparency, the Financial Administration of the Slovak Republic will publish a list of taxpayers who apply the super-deduction, as well as data on sports organisations with sports projects supported by taxpayers.
Extended provision of Sec. 17 (19) of the Act
The approved amendment to the Act also extends the provision of Sec. 17 (19) of the Act, which states that expenses (costs) incurred to promote sports (the super-deduction) will only be recognised as tax expenses when paid.
