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No improvement in VAT tax gap in 2020

The VAT tax gap, the difference between ideal and actual VAT intake, fell slightly to 16.6% in 2020 from 16.9% in 2019. If Slovakia improves to the EU average of 10%, our VAT revenue would rise by €500m annually. The new government is preparing e-faktúra, which should improve VAT collection from 2022. The increased use of bank cards to make payments will also improve VAT collection.


Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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