The Slovak Republic ’s Parliament reviewed proposals to amend VAT and excise tax rules on 15 January 2025. Key VAT changes include lowering the standard rate from 23% to 20% , expanding reduced VAT rate eligibility, and increasing the VAT registration threshold for businesses.

A separate proposal aims to temporarily reduce excise tax on petrol and diesel from 1 July 2025 to 31 December 2026, ensuring compliance with EU minimum tax requirements. Both measures require parliamentary approval, presidential sign-off and official publication before implementation.