On 24 September 2025, the Slovak Parliament approved the Consolidation Package. Most of the measures will take effect on 1 January 2026.
New progressive personal income tax rate
This measure will mainly affect above-average earners, specifically those earning a gross monthly salary exceeding €4,282. In addition to the existing two tax rates of 19 % and 25 %, new rates of 30 % and 35 % will be introduced.
| Annual Tax Base 2026 (€) | Personal Income Tax Rate |
|---|---|
| approx. 44 thousand | 19 % |
| over 44 thousand | 25 % |
| over 60 thousand | 30 % |
| over 75 thousand | 35 % |
Only the portion of income exceeding the relevant threshold will be taxed at the higher rate.
Increase in minimum tax for large companies
The minimum tax linked to the amount of taxable income is increased for the largest companies with a turnover of over EUR 5 million as follows:
| Taxable income (€) | Column 2 |
|---|---|
| up to 50.000 | 340 |
| over 50.000 a do 250.000 | 960 |
| over 250.000 a do 500.000 | 1.920 |
| over 500.000 a do 5.000.000 | 3.840 |
| over 5.000.000 | 11.520 |
VAT area
The 19% reduced rate for selected goods with high sugar and salt content (sweets, sugary drinks, ice cream, salty snacks) will be abolished. These goods will be taxed at a rate of 23%.
A flat-rate VAT deduction of 50% is being introduced for passenger company cars also used for private purposes, including related goods and services; full deduction remains only when the car is used exclusively for business purposes.
Increase in health insurance contributions
The rate will increase by 1% for employees (from 4% to 5%) as well as for self-employed persons / self-payers (from 15% to 16%).
Social insurance and security from 1.1.2026
The minimum assessment base for self-employed persons will increase from 50% to 60% of the average wage.
Several exemptions from the obligation to pay insurance contributions (e.g. during incapacity for work and other periods) will be abolished, which increases the coverage of the social security system.
The system of sickness benefits will change so that the employer pays income compensation for the first 14 days of incapacity for work (previously 10 days). The Social Insurance Agency will therefore pay sickness benefits only from the 15th day of the employee’s incapacity.
In the case of unemployment, the benefit paid from the 4th to the 6th month will be reduced by 10%.
For newly registered self-employed persons, the “contribution holidays” will be shortened from 12 to 6 months.
Other taxes and levies
Taxes on gambling, payments for extracted primary raw materials under the Mining Act, and the special levy rate for collective investment (from 4.36% to 15%) are also increasing.
The insurance tax on non-life insurance will increase from the current 8% to 10%.
In order to motivate taxpayers to pay their past liabilities, the government approved (in the form of a regulation) a general tax amnesty in September. This means that taxpayers who pay tax arrears or declare additional tax in their tax returns between 1 January 2026, and 30 June 2026, will have their fines and penalty interest waived. This measure will apply to corporate income tax, personal income tax, VAT, excise duties, motor vehicle tax, and insurance tax.
The regulation entered into force on 1 October 2025.