Slovenia: Stability Programme 2013

The Stability Programme 2013 amending the Slovene budgets for 2013 and 2014 has been published and now enters into force. The Act brings changes to the VAT rates and introduces new taxes.

Change of VAT rates.
The standard VAT rate will be increased from 20% to 22% and the lower VAT rate shall be increased from 9.4% to 9.5% as of 1 July 2013. The Act also provides clarifications concerning the application of its provisions in transition:

  • for the supply of goods or services carried out partly before and partly after 1 July 2013, taxpayers shall charge VAT for the whole supply of goods or services at new rates;
  • taxpayers receiving the whole payment before 1 July 2013 related to supplies of goods or services carried out after 1 July 2013 shall charge VAT at old rates;
  • taxpayers receiving partial payment before 1 July 2013 related to supplies of goods or services carried out after 1 July 2013 shall charge VAT from the received prepayment at old rates, and from the remaining payment at new rates.

The last two provisions shall apply, mutatis mutandis, also in respect of prepayments executed for supplies of goods or services in relation to which recipients are liable to charge VAT (reverse-charge).

Property tax.
The system of real property taxation shall be up-dated as of 1 January 2014. The charge for the use of construction land and forest roads shall be replaced by a new property tax. The currently proposed tax rate varies depending on the type of real property and ranges from 0.15% to 1.5%. The tax authorities will issue tax assessments until 31 May for each year. The tax may be paid in up to three installments.

Corporate income tax.
The gradual reduction of the corporate income tax rate shall be suspended as of 1 January 2014. According to the changes introduced in 2012, the corporate income tax rate should be lowered from 20% to 18% in 2012, 17% in 2013, 16% in 2014 and 15% in 2015 and onwards. In accordance with the proposed suspension of this gradual reduction, the reduction of the corporate income tax rate will be stopped at 17%.

Lottery tax.
A new tax on the sale of lottery tickets at a rate of 10% of the ticket price will be introduced. This turnover tax shall be payable on a monthly basis.

Crisis tax.
A crisis tax shall be introduced as a proposed temporary measure for 2014 if no agreement is reached on certain additional permanent measures. If the crisis tax is introduced, the income of natural persons would be taxed temporarily for a period of 12 months. The envisaged implementation deadline is set with 1 January 2014, however the likelihood of this measure actually being introduced is not firmly determined yet.

Alenka Gorenčič
agorencic@deloitte.com

www.deloitte.at/tax

 

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