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On November 5, 2020, the National Council of the Slovak republic approved a government bill that will amend Motor Vehicle Tax Act from December 1, 2020. The amendment brings changes that will be applied when submitting tax return to motor vehicle tax for 2020 and they will positively impact mostly entrepreneurs in the area of cargo and bus transportation.
A new annex to the Act no. 1a is being introduced, and it sets fixed tax rates specifically for tractors and semi-trailers. At the same time, obligatory pairing of tractors and semi-trailers to semi-trailer combination of vehicles in order to apply the next lower tax rate is abolished. The new annex to the Act no. 1a is already adjusted, so that for every tractor and semi-trailer without semi-trailer combination of vehicles, the next lower tax rate for the relevant category from the annex no. 1 of this act will be applied.
The current setting of the adjustment of the annual tax rate according to the age of the vehicle remains for the vehicles of the categories L, M1, N1, N2, O1 to O3. Simultaneously, a preferential adjustment of the annual tax rate according to the age of the vehicle is introduced for vehicles of categories M2, M3, N3. For the vehicles of a category O4, a flat-rate adjustment of the tax rate is introduced regardless of the age of the vehicle.
The amendments to adjustments in the annual tax rate will also impact the calculation of the estimated tax. Regarding the tax advances, the already established limits for the payments of quarterly and monthly advances remain the same. Exceptionally, the tax advances will not be paid at all in 2021 for the period from January 1, 2021 to March 31, 2021, while during the remaining period of 2021, the taxpayers will pay the amount of their estimated tax as follows:
A new tax return form will be introduced for 2020 and the taxpayers will be obliged to use it. The deadline for submitting the tax return to the tax administrator is postponed to March 31, 2021. For the time being, the exception only applies to the tax return for 2020. Simultaneously, if a taxpayer was obliged to submit a tax return for a motor vehicle tax for a tax period starting no earlier than January 1, 2020 before the entry of the amendment into force, i.e. December 1, 2020 and is a subject to the benefits from the amendment, he may submit the tax return to the motor vehicle tax for 2020 again using the new form also by March 31, 2021. The deadline for tax return filing is postponed until the end of March 2021 even for non-annual tax periods, while non-annual period for which this exception is set begins no earlier than January 1, 2020 and ends no later than February 28, 2021. Even in such cases, the taxpayer will only submit the new tax return form.