Key tax changes include higher corporate and investment taxes, along with increased consumption taxes, including higher VAT on specific food products, and increased tax on online gaming.
The Slovak Republic’s National Council gave its approval to the third consolidation of public finances on 24 September 2025.
A key element of the consolidation package is targeted energy price assistance, designed to benefit 90% of households with annual savings of EUR 300-500 per household. On the revenue side, adjustments are being made to tax and contribution rules for both employees and the self-employed.
Key tax changes for 2026 include higher progressivity in personal income tax, a new tax band for the largest companies, and an increased special levy on collective investments. Additionally, there will be a general tax pardon, and VAT deductions for purchasing or leasing ordinary passenger cars and certain motorcycles will be cut by 50%.
Corporate and investment sectors are set to face notable tax adjustments. Companies earning over EUR 5 million in taxable income will see their top corporate tax license fee nearly triple, rising from EUR 3,840 to EUR 11,520.
The collective investment sector, including investment companies, asset managers, and supplementary pension firms, will experience a sharp increase in their special levy, which jumps from 4.36% to 15%.
VAT on high-sugar and high-sodium products—such as sweets, soft drinks, and salty snacks—will increase from 19% to 23%. Online gaming activities will now face a 30% levy, up from the previous 27%.
Additionally, non-life insurance premiums will be subject to a higher tax rate, moving from 8% to 10%.
However, the law has not yet been finalised, as it still requires the president’s signature to take effect.
Earlier, the Slovak Republic’s Ministry of Finance released various public finance consolidation measures for 2026, including several tax measures that include changes to corporate tax and VAT, among other provisions.
