Slovenia’s Ministry of Finance announced the Draft Bill on Amendments to the Value Added Tax Act on 6 June, 2024.

The main measures of the bill states that the VAT registration threshold will be increased from EUR 50,000 to EUR 60,000; The Council Directive (EU) 2020/285 of 18 February 2020 will be implemented to introduce a new VAT scheme for small businesses (This allows small enterprises in other EU Member States to benefit from a VAT exemption if their annual turnover does not surpass EUR 100,000 in the EU and their annual turnover stays below the Slovenian threshold in Slovenia); and new rules for the formation of VAT groups will be introduced (These rules will enable the submission of single joint VAT returns, and exclude intra-group transactions from the VAT system.)

Once approved, the tax measures will go into effect from 1 January, 2025.