From April 1, 2025, a new law on financial transaction tax, known as transaction tax, will come into force in Slovakia. The tax rate is 0.4% and applies to most debit transactions, with the exception of tax payments, contributions, and card payments.

How did banks approach the deduction of transaction tax?

Each bank has chosen its own approach:

• After each transaction: SLSP , Fio, Prima banka
• Daily: Tatra banka, Raiffeisen
• Monthly: ČSOB* , VÚB, Unicredit*

* The transaction tax will be deducted for the first time at the end of June 2025 and will subsequently be deducted every month.

If you have an account with a foreign bank, you will have to calculate the tax yourself. The first tax return will be filed on July 25, 2025. Practical information on how to file a tax return for accounts with foreign banks will be published at the end of June.

Accounting item

Our billing is based on the number of accounting items. Regardless of the bank where the client has their account, the total number of accounting items will increase—for some, only by a few per month, for others by hundreds.

Numiron technology

Thanks to Numiron technology, we are able to automatically identify transaction tax items and, after transferring them to the Pohoda accounting system, post them without any additional work by accountants. If you do not have an authorized account with Numiron, we have to enter transaction tax items into the accounting system manually, which is just as demanding as any other bank item.

Free accounting

If our client has an authorized account with Numiron, we do not incur any additional costs for posting transaction tax items. We have therefore decided not to include transaction tax items in the total number of accounting items for invoicing purposes.

Benefits of an authorized account

For clients who do not yet have an authorized bank account with Numiron, this is another reason to choose this option. Authorization gives you the following benefits:

• 50% discount on bank account items (i.e., €0.60/item)
• 100% discount on bank account items – transaction tax (€1.20/item)
• You do not need to send us bank statements.
• you can set reminders for issued invoices

Bank account authorization is secure and simple.

You can learn more about the benefits of authorizing a bank account in a separate article.