Slovenia is continuously striving to support the local economy and gradually optimize tax burden of individuals and companies, as well as to simplify administrative procedures. In this context, Slovenia proposed amendments to the local tax law in terms of corporate income tax (CIT), value added tax (VAT) and personal income tax. The common denominator for all is the support of green way of doing business through allowing VAT deduction on electric vehicles, their tax free private use and introduction of a new tax relief for companies that are switching to an environment friendly way of doing business. In addition, the tax relief for employment and practical work is to upgrade, certain expenses are to be recognized more favorably and quickly, and an increase of net employment income is being proposed through workforce unburden. Income from capital and rent is also to unburden from personal taxation point of view.

How does the employer treat the payment for tax purposes differently from the recourse and correct the REK form, if the employee does not return the proportional part of the recourse?

Pursuant to the amendment of the Companies Act, existing companies are obliged to enter their e-mail address in the Business Register of Slovenia by 24 February 2022 at the latest.

On 1 July 2021, the Regulation amending the tax treatment of reimbursements of expenses and other income from employment was published in the Official Gazette of the Republic of Slovenia.

Act on amendments and fulfilments of Companies Act partially amends the provisions of the Companies Act (ZGD-1) and transposes Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007 / 36 / EC regarding the promotion of long-term participation of shareholders (OJ L 132, 20.5.2017, p. 1).

The intervention laws – Anti-Corona measures (Number 1-8) have been implemented to mitigate the situation and the long-term reduction of harmful consequences for the economy and the population caused by COVID.