Тhe National Assembly has recently adopted Amendments to the Value Added Tax Act which entered into force on 22 January 2022.
Among the most important amendments introduced to the Value Added Tax Act is the introduction of reverse charge on domestic supplies made by foreign companies. Non-resident companies making local supplies in Slovenia will no longer be required to register for VAT in Slovenia in case their customer has a Slovenian VAT number. In such case the VAT register business customer will account for the VAT via the reverse charge mechanism and the foreign supplier having exclusively such transactions will be relieved from the obligation for VAT registration in Slovenia.
Amendment to the Value Added Tax Act has also been adopted in Slovenia in relation to deductions on VAT on CO2 emission-free vehicles and the abolition of the deliverance of paper invoices.
Taxable persons can deduct input VAT if the business vehicle does not exceed EUR 80,000 (this includes VAT and other duties).
Input VAT on spare parts, services, the purchase of fuel and lubricants can also be deducted.
According to another important amendment adopted, there will no longer be an obligation to issue or deliver paper invoices to customers, unless a customer requests a paper invoice.
Stay Up to Date
Each month we feature the latest news trends and topics covered by the experts. For monthly news and regulatory updates subscribe to our VAT Newsletter.
Work with real VAT experts
With over 15 years’ experience in the area of VAT compliance and consultancy, we handle all countries and languages where VAT obligations exist. We have a dedicated & centralized team of VAT experts, with a reputation of excellence within all global tax offices ready to speak to you about your VAT obligations.
About Fintua
At Fintua, we believe tax technology should be effortless and adaptive, freeing your team to focus on growth and innovation while staying compliant in an ever-changing regulatory landscape. With decades of global VAT expertise, we deliver innovation in VAT reclaim, compliance, consulting, international payments and e-invoicing—empowering businesses to recover more, risk less and do it all automatically.
