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Parliament approved VAT cut from 20% to 10% on hotels, restaurants, and ski lifts

Parliament approved a temporary VAT cut from 20% to 10% on hotels, restaurants, ski lifts, and other sports facilities during the first quarter of 2023. The government estimated the revenue shortfall at €25m. The lower VAT could remain permanently if restaurants and other businesses honestly report sales, Finance Minister Igor Matovič (OĽaNO) said earlier. Currently, he said, only 35% of sales in restaurants are reported.


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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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