The Slovak Republic’s Financial Administration has released guidance detailing changes to the reduced VAT rate for accommodation services, which took effect on 1 January 2025.
The guidance outlines how the new rate applies to advance payments, combined services like lodging with breakfast, and extras such as bar consumption, with examples for calculating VAT.
This follows after legislation was signed in October 2024, which introduced various VAT changes that raised the VAT rate from 10% to 19% and revised goods and services eligible for reduced rates. The amendments also included applying the 5% rate to accommodation services.
