The Slovak government is introducing a third consolidation package of reforms, which will start on January 1, 2026. It will significantly affect employees, entrepreneurs (živnostníci, SZČO), and companies. The goal is to stabilize the state budget by increasing contributions, taxes, and tightening control.
Medical and Social Contributions for Entrepreneurs (SZČO)
The consolidation package significantly increases the minimum assessment base (calculation base) from which contributions are calculated, leading to a substantial rise in monthly payments.
- Increase in the assessment base (Vymeriavací základ): Starting in 2026, the percentage from which contributions are calculated will increase from the average salary for 2024 ($1524 €$):
| Purpose | % of average salary 2024 | Minimum assessment base (Vz, in euros) |
| Social insurance | 60 % ($1524 €$) | 914.40 € |
| Health insurance | 50 % ($1524 €$) | 762 € |
Increase in health insurance contributions (Medické odvody):
The rate increases from 15% (which was valid in 2025) to 16%.
The minimum health contribution will increase to €121.92 per month.
Social insurance contributions (Sociálne odvody):
Increase in minimum contributions: The increase in the assessment base from 50% to 60% leads to a significant increase in monthly payments:
| Type of contribution | Rate | MVZ (minimum assessment base) | Min. contributions (2026) | Min. contributions (2025) | Difference |
| To the Social Insurance Agency (total) | 33.15 % | 914.40 € | 303.11 € | 237.02 € | + 66.09 € |
| Sickness insurance | 4.40 % | 914.40 € | 40.23 € | 31.46 € | + 8.77 € |
| Old-age pension | 18.00 % | 914.40 € | 164.59 € | 128.70 € | + 35.89 € |
| Disability | 6.00 % | 914.40 € | 54.86 € | 42.90 € | + 11.96 € |
| Solidarity Reserve Fund | 4.75 % | 914.40 € | 43.43 € | 33.96 € | + 9.53 € |
Mandatory for everyone: From July 1, 2026, all entrepreneurs, even those whose income did not exceed the threshold (€9,144 in 2025), will be required to pay social contributions of €131.34 per month.
The consolidation package expands the progressive taxation scale, introducing additional high rates for citizens and entrepreneurs with the highest incomes.
- Progressive rates for employees: A four-tier progressive scale is introduced. The rate increases only for the part of income that exceeds the corresponding threshold.
| Annual income (in euros) | Tax rate | |
| up to 43,983.32 | 19% | |
| from 43,983.32 to 60,349.21 | 25% | |
| from 60,349.21 to 75,010.32 | 30% | |
| over 75,010.32 | 35% |
- Taxation of self-employed individuals (SZČO):For entrepreneurs, a preferential rate of 15% is maintained up to a certain limit. If this limit is exceeded, the same progressive scale as for employees applies.
| Annual income | Taxable base | Tax rate |
| up to €100,000 (inclusive) | entire amount | 15% |
| over €100,000 | up to €43,983.32 (part of the base) | 19% |
| from €43,983.32 to €60,349.21 | 25% | |
| from €60,349.21 to €75,010.32 | 30% | |
| over €75,010.32 | 35% |
Reduction of the non-taxable minimum income (NČZD): It is reduced to €26,083.13 per year, or €2,173.59 per month. This means that a smaller part of income will be exempt from taxation, and the overall tax burden will effectively increase.
Taxes for Companies (s.r.o., a.s.)
Minimum tax: A minimum tax of €11,520 per year is introduced for companies whose taxable income exceeds €5,000,000.
Insurance tax: The tax on non-life insurance (including mandatory civil liability insurance, PZP) increases from 8% to 10%.
Labor Law and Holidays
Sick pay (PN) payment: From April 1, 2026, the employer will pay sick pay for 14 days (previously it was 10 days).
Cancellation of public holidays: Three public holidays are canceled: May 8, September 15, and November 17.
Store operation: The ban on retail sales remains only for 6 days a year (previously there were more such days).
VAT, Cars, and Amnesty
VAT on products: The VAT rate on sweets, sugary drinks, and salty snacks increases from 19% to 23%. This will directly affect retail prices.
Cars in business and VAT: The standard VAT deduction for using a car in business is limited to 50% if the car is also used for private purposes. A full 100% deduction is possible only if very detailed electronic trip records are kept.
Cancellation of financial transaction tax: From January 1, 2026, the financial transaction tax introduced in 2025 will be canceled.
Tax amnesty (Generálny pardon): From January 1 to June 30, 2026, an amnesty will be held. Taxpayers will be able to voluntarily pay debts incurred before September 30, 2025, without fines and penalties.
