Enter your turnover and in a second you will see whether you must register for VAT, since when you have been a VAT payer and what to do. Small businesses often go wrong here because the rules changed in 2025 – and late registration is expensive.
You are at 88 % of the €50,000 threshold.
You are €6,200 away from mandatory registration. Now is the right time to prepare, not after you cross the threshold.
An indicative calculation under the VAT Act. It does not replace an assessment of your specific case. Nothing you enter is sent to a server.
Turnover is no longer monitored over the last 12 consecutive months, but per calendar year – from 1 January to 31 December. The €49,790 threshold has ceased to exist and has been replaced by two new ones. Each has a different consequence.
Turnover is the value, excluding tax, of goods and services supplied with the place of supply in Slovakia. It is not profit or the amount in your bank account.
Each of them looks harmless. But the consequence can be VAT paid out of your own pocket and a fine.
That is how it worked until the end of 2024 with the €49,790 threshold. Since 2025, the calendar year is monitored and on 1 January you start from zero.
The law counts the value of goods and services supplied. An unpaid invoice for work done in December counts towards turnover.
This is also an old rule. Today the deadline is 5 working days from the day your turnover exceeded the threshold.
You became a VAT payer with this very invoice. If it is missing VAT, you pay the VAT out of your own pocket.
Since 2025, exempt supplies are also included in turnover – rental and sale of property, insurance, financial services.
An occasional sale of your own assets does not count towards turnover. A sale of goods from stock does.
You become a VAT payer by law – even if you do not submit an application. The tax office then treats you as a VAT payer who has failed to meet the registration obligation.
For a first breach, the tax office does not impose a fine within this range. For a second breach, it does.
You issued invoices without VAT, but you still owe the tax. Your customers do not have to pay it to you afterwards.
You can deduct input VAT on purchases in them if you have invoices with VAT from other VAT payers.
If your turnover for the calendar year exceeds €50,000, you are a VAT payer from 1 January of the following year. If it exceeds €62,500 in the current year, you are a VAT payer immediately – from the supply that took you over the threshold.
No. Since 1 January 2025, turnover is monitored per calendar year, from 1 January to 31 December. The 12-month rule and the €49,790 threshold applied until 31 December 2024.
Within 5 working days of the day your turnover exceeded the threshold. The tax office registers you within 10 days of receiving the application.
The law refers to the value of goods and services supplied, excluding tax. So what matters is the supply, not the day your customer paid you.
No, if it is an occasional sale of tangible or intangible assets. Stock is the exception – the sale of goods from stock does count.
Since 2025, exempt supplies are also included in turnover, including property rental. If you exceed the threshold, you submit the application and state in it that your turnover consists solely of exempt supplies.
From €100 to €30,000. For a first breach, the tax office does not impose a fine within this range. However, you must always pay VAT on sales from the day you became a VAT payer.
Yes, even before you cross the threshold. The tax office decides on voluntary registration within 21 days, and you are a VAT payer from the date stated in the decision.
We monitor your turnover every month, submit your registration on time and, from day one, handle your VAT returns and control statements for you.
We process the conversation and the data you enter in line with our privacy policy. We send the chat transcript to the accountant and, once you confirm your address, to you as well.