Always up-to-date with the latest tax & audit news.
Sometimes it is hard to find to-the-point business-related news. TPA keeps track the tax updates, which are sent by e-mail 4 times a year. Each newsletter is also available as a printable PDF.
Newsletters
-
2023
-
NEWSLETTER 1/2023
With the first issue of our 2023 Newsletter we bring you the following topics:
-
The reduced VAT rate of 10% on selected services is here to stay.
-
Parliament passes a law supporting family business.
-
Changes for taxpayers in the area of transfer pricing.
-
New tax support for voluntary retirement savings.
-
The Ministry of Justice submits a draft law on the transformation of companies and cooperatives.
-
Aid for beneficiaries of investment aid in the wake of the energy crisis.
-
The analogy of the so-called trust funds is finally in Slovak legislation!
-
Changes to disclosures in annual reports.
-
Adjustment of wage supplements from 1.6.2023.
-
Compensation for the use of personal vehicles on business trips goes up again.
-
Opportunity to obtain a grant for a process audit.
-
-
NEWSLETTER 1/2023
-
2022
-
NEWSLETTER 4/2022
With the fourth issue of our 2022 Newsletter we bring you the following topics:
-
What else does the Income Tax bring from 1st January 2023?
-
Approved amendment to the Value Added Tax Act.
-
Will be high energy prices solved by a levy on excess income?
-
Solidarity contribution from oil and gas companies?
-
Will the rate of the special levy be increased and the scope of its payers expanded?
-
New tax on a special construction used for the transport of gas.
-
Parental pension as compensation for parental care.
-
Tax reliability index list publication date postponed again.
-
Municipalities have a new way of determining the local fee for municipal waste and small construction waste.
-
Financial contribution from the state for the purchase of goods and services.
-
Foreign investments from third countries beware! You will be screened!
-
Paternity leave from 1st November 2022.
-
Other changes to the Labour Code with effect from 1st November 2022.
-
Meal allowances are struggling to keep up with price rises also from 1st January 2023.
-
-
NEWSLETTER 3/2022
In the third edition of our Newsletter in 2022, we bring you the following topics:
-
Amendment to the VAT Act introduces new obligations
-
What new will the amendment to the Income Tax Act and the Tax Code bring?
-
Digitalisation of the economy brings new reporting obligations
-
Certificates for electronic signature expire at the end of 2022!
-
Change of subsistence and mileage allowances for business travel from 1.9.2022
-
Minimum taxable amount for employee health insurance
-
-
NEWSLETTER 2/2022
With the second issue of our 2022 Newsletter we bring you the following topics:
-
Is this the end for neglected buildings?
-
Personal Pension Product as a new tax allowance
-
The reverse charge mechanism as a tool in the fight against tax evasion continues.
-
Will you participate in the testing of the new e-invoicing system?
-
Would meal and car allowances increase again?
-
-
NEWSLETTER 1/2022
With the first issue of our 2022 Newsletter we bring you the following topics:
-
Deposit on single-use packaging in accounting
-
The tax reliability index will not be reported to taxpayers until June 2022
-
Further limitation on the tax deductibility of external financing
-
Tax deductibility of COVID-testing expenses
-
New obligations for payment service providers
-
Meal allowances for employees should increase in 2022
-
Simplified employment of a Ukrainian citizen
-
-
NEWSLETTER 4/2022
-
2021
-
NEWSLETTER 4/2021
With the fourth issue of our 2021 Newsletter we bring you the following topics:
-
The Tax Code amendment has been approved
-
New VAT measures to combat tax fraud
-
A step back in the ‘tax support’ for R&D
-
Amendment to the Accounting Act supports digital transition in accounting
-
Meal vouchers will no longer be tax attractive!
-
E-invoice - government’s new tool to combat tax evasion
-
Tax authorities start the electronic communication
-
Mandatory disclosure of bank account numbers
-
Government plans to support family business
- Another milestone on the road to fair corporate taxation
-
-
NEWSLETTER 3/2021
With the third issue of our 2021 Newsletter we bring you the following topics:
-
Will the inequalities in meal allowances be eliminated?
-
The criteria for the Tax Reliability Index have already been published
-
What changes will be introduced by the bill on the state rental housing aid?
-
Simplification of accounting for entrepreneurs with effect as of 1 January 2022
-
Minimum wage in 2022
-
-
NEWSLETTER 2/2021
With the second issue of our 2021 Newsletter we bring you the following topics:
-
The Financial Administration makes the balance of personal accounts available to taxpayers
-
Being "tax reliable" pays off
-
Measures to improve VAT collection
-
-
NEWSLETTER 1/2021
With the first issue of our 2021 Newsletter we bring you the following topics:
-
New administrative obligations does the e-invoice bring?
-
Waiver of tax penalties and sanctions.
-
Testing of employees, family members and suppliers is finally a tax expense
-
Entitlement to the tax bonus also thanks to the “pandemic” benefit
-
Permanent “Kurzarbeit” scheme to help maintain jobs
-
New rules for homeoffice and teleworking
-
Money or meal voucher?
-
New grounds for notice given by the employer
-
Further increase in state aid – “First Aid ++”
-
-
NEWSLETTER 4/2021
-
2020
-
NEWSLETTER 4/2020
With the fourth issue of our 2020 Newsletter we bring you the following topics:
-
The approved amendment to the VAT Act mainly regulates cross-border trade
-
Amendment to the Income Tax Act 2021 approved
-
Tax Code changes effective from the new year
-
First Aid PLUS substantially increases State aid
-
About big changes in the Motor Vehicle Tax Act will be pleased not only road carriers
-
Milder conditions for investment aid and a change in tax relief
-
Abolition of the special levy from 1 January 2021
-
Reduced registration fee for greener vehicles
-
2021 sees changes to the minimum wage
-
What will the Labour Code bring in 2021?
-
-
NEWSLETTER 3/2020
With the third issue of our 2020 Newsletter we bring you the following topics:
-
114 measures to help entrepreneurs
-
Changes in the payment of income tax advances and in the deduction of tax losses
-
What changes does the amendment to the VAT Act propose in 2021?
-
Draft amendment to the Income Tax Act from 1 January 2021
-
Adjustment of subsistence minimum amounts from 1 July 2020
-
Upcoming changes in the Tax Code
-
Changes in payroll and labour law
-
Temporary freeze of meal allowances and meal vouchers
-
Rent payment subsidies during the coronavirus crisis
-
DAC 6 obligations are postponed
-
-
NEWSLETTER SPECIAL EDITION 04/2020 II.
Our second special Newsletter edition brings you an overview of further emergency measures in Slovakia to mitigate the negative impact of the COVID-19 pandemic.
On Wednesday 22 April 2020, the Slovak National Council approved an amendment to Act No 67/2020 on certain emergency measures in conjunction with the spread of the dangerous contagious human disease COVID-19, as amended by Act No 75/2020, as well as the amendment to Act No 461/2003 on social security, as amended. These acts have been published in the Collection of Laws under Nos 96/2020 and 95/2020. The most important changes and measures adopted are listed below:-
Income Tax
-
Vehicle Tax
-
Tax Administration (The Tax Code)
-
Cash Registers
-
Value Added Tax and Excise Duties
-
Local Development Fee, Local Taxes and Fees
-
Social Security
-
-
NEWSLETTER SPECIAL EDITION 04/2020
Our special Newsletter edition brings you an overview of emergency measures in Slovakia to mitigate the negative impact of the COVID-19 pandemic.
On Thursday 2 April 2020 and Friday 3 April 2020, the Slovak National Council approved an amendment to the Act on certain emergency measures in conjunction with the spread of the dangerous contagious human disease COVID-19, in the areas of finance, employment legislation in order to save jobs, and social security and health insurance. All acts have been published in the Collection of Laws under Nos 63/2020, 66/2020, 67/2020 and 68/2020. Below are the most important changes and measures adopted:-
Income Tax
-
Vehicle Tax
-
Tax Administration (The Tax Code) and Administrative Fees
-
Accounting Act
-
Measures on Importing Goods
-
Labour Code
-
Social Security and Health Insurance
-
Employment services
-
-
NEWSLETTER 1/2020
With the first issue of our 2020 Newsletter we bring you the following topics:
-
13 new measures for tax payers, entrepreneurs and employees during the COVID-19 pandemic – postponement for income tax returns until the end of June 2020.
-
Advantageous method of depreciation for buildings intended for employees.
-
The departure of Great Britain and Northern Ireland from the EU.
-
The European Commission has published the final version of its Explanatory Notes regarding the new VAT measures – “Quick Fixes.”
-
Mária Janušková new TPA Slovakia partner
-
-
NEWSLETTER 4/2020
-
2019
-
NEWSLETTER 4/2019
With the fourth issue of our Newsletter we bring you the following topics:
- Amendment to the Accounting Act
- Changes to the Accounting Act following the amendment to the Commercial Code
- Amendments to the VAT Act approved – adjustments to chain supplies, call-off stock, 10% VAT reduction on selected goods and other changes
- Recreation vouchers unchanged and minimum wage increased from 1 January 2020
- Amendment to the Tax Code
- Approval of the amendment to the act on cross-border measures subject to reporting – DAC 6
- Approved changes to the fee for development
- Doubling a special bank levy
- The Financial Administration of the Slovak Republic will draw attention to eKasa connection twice monthly
-
NEWSLETTER SPECIAL EDITION 10/2019
Not all changes and news could have been included in our Newsletter 3/2019 and that is why we bring you our special edition with following topics:
- An overview of the most important income tax changes
- Changes in the VAT Act based on parliamentary proposals
-
NEWSLETTER 3/2019
The third issue of our TPA Newsletter brings an overview of the following important subjects:
- Sum of Meal Allowances from 1 July 2019
- Use of e-Kasa Postponed
- Changes to VAT Return and EC Sales List from January 2020
- Recreation Vouchers for All Employees
- 13th and 14th Wages to Be Exempt from Social Security
- Second Wave of Reductions on the Administrative Burden of Natural and Legal Persons
- More Changes to the VAT Act to Come
- Changes to the Income Tax Act from 1 January 2020 approved
- IFRS 16 – New Leasing Standard Effective 1 January 2019
-
NEWSLETTER 2/2019
The second issue of our TPA Newsletter brings an overview of the following important subjects:
- Changes to the Income Tax Act from 1 January 2020
- Proposed Act in Relation to Reportable Cross-Border Arrangements – DAC 6
- Electronic Invoicing in Public Procurement
- Changes in Reimbursement for the Use of Private Cars for Business Trips and an Increase in Meal Allowances
- Proposed Amendment to the VAT Act from 1 January 2020
- What Tax Changes Will Affect Us Before the End of 2019, and What Else Awaits?
- What Should We Prepare for After Brexit?
-
NEWSLETTER 1/2019
The first issue of this year's TPA Newsletter brings an overview of the following important subjects:
- Reduced VAT rate for accommodation services
- Change in the VAT system for the taxation of trade between member states
- Proposed amendments to the VAT Act
- Support of small and medium-sized enterprises in the area of income tax
- A multilateral convention signed with 10 countries came into effect on 1 January 2019
- Changes await transfer pricing documentation for 2018
- Cancellation of the notification duty when changing bank accounts
- Conditions for tax exemption of the 13th salary
- Remuneration for hours worked at night and during holidays – Stage 2
-
NEWSLETTER 4/2019