Changes in applying VAT valid from 1.7.2021

The new changes in applying VAT has effected operators of e-shops, subjects, whoever doesn’t have branches abroad or doesn’t pay VAT.

Because of the current situation it was necessary to put new measures in place, which will not only effect the way tax is paid at the final destination, but also the fair split of VAT between countries. Some of the complex changes are explained below.

Based on the tax law effective from 1.7.2021, the person or firm which are currently not paying VAT will be charged the difference based on the country of delivery. Slovakia has 20% rate for VAT, which is applicable to consumption goods. The difference in cost will either be refunded or we will ask for bank transfer if higher amount required. Because of the above we recommend that customers to pay via bank transfer after price is corrected rather than use card payment. Without following the correct steps the goods will not be despatched.