Starting in January 2025, significant amendments to the VAT Act will come into effect, impacting businesses and their invoicing processes. One of the key changes involves the threshold for simplified invoices.
Amendments to the VAT Act in Slovakia: Changes to the Simplified Invoices Threshold
Public
Slovakia
Author: Stefan Ditrih
Category:
Fiscal subject related
Views:
325
Content accuracy validation date:
05.08.2024
Content accuracy validation time:
08:13h
The amendment reduces the threshold for issuing simplified invoices from EUR 1,000 to EUR 400 (excluding VAT). This change aims to reduce the administrative burden on companies.
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