Tag - income tax

Personal income tax in SloveniaEU how is it calculated

Personal income tax in Slovenia/EU: how is it calculated?

Personal income tax in Slovenia or its calculation for 2020 and 2021 will include the unchanged scale. So what is the rate or its scale in 2021? Also, will the relief change in 2021?Are you also interested to start a business in Europe ? Also, do you know what is best for the success of your business also regarding [...]

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Tax declaration 2020 in SloveniaEU companies with normalized expenses

Tax declaration 2020 in Slovenia/EU: companies with normalized expenses

When is the tax declaration for 2020 due for the companies with normalized expenses in Slovenia? You would need to submit your tax declaration until 31st March 2021. How to submit a tax declaration for 2020 if your company uses normalized expenses? What are the novelties in this area? What is the amount of the penalty if you do [...]

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Corporate income tax in Slovenia and tax reports for 2020

Corporate income tax in Slovenia/EU and tax reports for 2020

Corporate income tax is the number one topic of companies in this period. Because of that the accountants are intensely preparing the annual financial statements and the tax return. We notice that in the past year, some companies broke records in revenue and profits, but others experienced loss. The Financial Administration published non-binding explanations about the treatment of the aid [...]

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Income tax for LTD company in Slovenia based on normalized expenses

Income tax for LTD company in Slovenia based on normalized expenses

Corporate income tax in Slovenia for legal entities is 19%. The company pays it if it has profit by the end of the business year. But in some cases LTD companies can also use normalized expenses to pay income tax. In this article we would be explaining the conditions. Are you interested to start a business in Europe? You don’t know what [...]

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Tax residents in Slovenia – legal entities and natural persons

Tax residents in Slovenia – legal entities and natural persons

Who are tax residents of Slovenia? Entrepreneurs who do business in Europe tend to pose the question of whether or not they have to become Slovenian tax resident? But did you know that tax residents are also legal entities not just natural persons? How can you become a tax resident of Slovenia? Do you want to start a business in [...]

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Change of the personal income tax scale in 2020

Change of the personal income tax scale in 2020

Usually, in the beginning of the year certain changes of legislation are introduced. We have already explained that the minimum wage increased starting 1st of January 2020. But this is not the only change that you can expect. 2020 also introduced novelties in regards to the scale of personal income tax. It is important information both for people starting [...]

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Tax resident in Slovenia – when do you pay income tax?

Tax resident in Slovenia – when do you pay income tax?

Tax residents in Slovenia have to pay income tax on worldwide income. It means paying tax from income with the source within and outside of Slovenia. Tax non-resident only pay income that has a source in Slovenia. This is important for persons doing business in Slovenia so they know in which cases they are obliged to pay personal income [...]

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Non-resident taxpayer and paying income tax

Non-resident taxpayer and paying income tax

Who is non-resident taxpayer? A person is a non-resident taxpayer if he does not have an official registered place of residence or center of his personal and economic interests in Slovenia. Non-resident taxpayer is also a person who is in a tax year present in Slovenia for less than 183 days, explained the Financial Administration of the Republic of Slovenia (Furs). Like non-resident taypayer, [...]

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