The year 2025 will bring significant changes to VAT rates, impacting everyone operating an online store. As ecommerce experts, we are committed to helping our clients navigate these changes seamlessly, ensuring systems run flawlessly and customers experience no disruptions.
What Changes Are Coming?
The new rules introduce three different VAT rates that must be implemented:
- Standard rate of 23% – applies to most products and services.
- Reduced rate of 19% – applies to specific items, such as electricity or certain types of food (e.g., mineral water).
- Reduced rate of 5% – covers medicines, medical devices, books, textbooks, and some basic food items (e.g., milk, butter, yogurt, fruits, vegetables, bread, and more).
Key Areas to Focus On When Preparing Your Online Store
To ensure your online store operates seamlessly after January 1, 2025, we recommend focusing on the following areas:
- Product Categorization: Verify which VAT rate applies to each of your products. Clear categorization is essential for accurate pricing and invoicing. You can find an overview of product and service categories along with their applicable tax rates here.
- System Updates and Synchronization: Ensure your online store supports the new VAT rates. This includes adjustments to ERP systems, CMS platforms, invoicing modules, and data exports.
- Price Display Testing: Check that prices for both end customers and B2B clients are displayed correctly across all platforms, including email notifications and invoices.
- Marketing Strategy Optimization: The increase in the standard rate may affect your pricing strategies. It’s crucial to prepare your customers for these changes through timely and clear communication.
How We Can Help
At bart.sk, we’re ready to help you navigate all the necessary adjustments related to the VAT rate changes:
- We’ll assist you in recategorizing your products.
- We’ll adapt your systems to meet the new legislative requirements.
- We’ll test all processes, from price display to invoicing, to ensure a seamless experience.
Don’t leave this until the last minute. Contact us, and together we’ll ensure your online store operates flawlessly and complies fully with the new legislation.
