€960 tax even with a loss? Everything about the minimum tax in Slovakia
Since 2024, the minimum tax for companies has been in force again in Slovakia. This is important for entrepreneurs and companies that must pay a fixed minimum amount of tax even if they make a loss or have a zero result.
How not to overpay?
The minimum tax paid in previous reporting periods can be taken into account in the current period if you have reached taxable profit and the amount of tax is higher than the amount of the minimum tax.
Amount of the minimum tax
The concept of a minimum tax already existed in Slovakia before — in 2014–2017 it was known as a tax license. Since 2024, this mechanism has returned.
The amount of the minimum tax depends on the company’s turnover and ranges from €340 to €3,840.
How can the previously paid minimum tax be taken into account?
See our video for details:
Need help?
If you do not want to overpay on taxes, please contact our company ALKUR.
We will be glad to advise you and help you save on paying your taxes.