Slovak Republic

As of 1 January  2026, significant changes take effect in the taxation of individuals in the Slovak Republic. Expanded progressive taxation is introduced with multiple income tax brackets (19%, 25%, 30%, and 35%), with higher rates applying to income exceeding thresholds derived from the subsistence minimum. At the same time, the non-taxable allowance for the taxpayer and for a spouse will be reduced, which will increase the tax burden, particularly for higher incomes. These measures are part of a consolidation package aimed at strengthening public finances.

Note that the tax legislation in Slovakia is subject to frequent amendments and new official interpretations; consequently, it is advisable to contact PwC Slovakia for up-to-date information.