3-month reduction for catering and sport-related activities permanent from 1 April 2024
The Slovak Republic had agreed to a halving of the VAT rate on a range of supplies between 1 January and 31 March 2023. This has now been made permanent from 1 April 2023.
This is in recognition of inflation spikes due to post-COVID supply chain interruptions and Russian invasion of Ukraine. November 2022 inflation was 10%, slightly down on a 30-year high of 10.9% in the previous month.
A number of EU countries are cutting fuel and basics VAT to help households deal with record inflation rates this winter.
The taxable supplies included are:
- Restaurant and catering (accompanied by ancillary services – takeaway food excluded)
- Sports facilities (indoor and outdoor).
- Accommodation services