Employer Tax Contributions

Tax Type	Rate	Base
Social Security	24.4% (employer share)	Employee's gross salary (capped at EUR 15,730 monthly)
Health Insurance	10% (employer share)	Employee's gross salary (uncapped)
Income Tax Withholding	19% or 25%	Employee's gross salary minus mandatory contributions and allowances

Filing & Compliance

• Monthly: Submit reports and pay social security and health insurance contributions by the 8th day of the following month.
• Monthly: Withhold and remit income tax by the 5th day of the month following wage payment.
• Annually: Issue annual income statements to employees by January 31st of the following year if the employer did not perform annual tax reconciliation.

In Slovakia, employee tax deductions primarily involve mandatory health and social insurance contributions, with some personal allowances and tax credits available under specific conditions.

Health and Social Insurance Contributions

• Health Insurance: Employees contribute 4% of their gross income towards health insurance. The employer also contributes 10%.
• Social Insurance: Employees contribute 13.4% of their gross income towards social security, covering areas like pensions, sickness, and unemployment. The employer makes an additional contribution of 25.2%. These contributions are capped at a maximum assessment base, which is adjusted annually. In 2025, this limit is €15,730.

Personal Allowances

• Basic Personal Allowance: A basic personal allowance is available, reducing the taxable income. For 2024, this allowance was €5,646.48, decreasing progressively for incomes above €24,952.06 and completely phasing out at €47,537.98. The amount is linked to the minimum subsistence level and is updated yearly; the 2025 figure will be determined based on the January 1st, 2025, value.
• Spouse Allowance: A dependent spouse allowance may be claimable by Slovak tax residents if the spouse's income is below a specified limit. The allowance is dependent on both the individual's and the spouse's income. Similar to the personal allowance, specific figures for 2025 will depend on the minimum subsistence amount announced at the start of the year.

Tax Credits and Bonuses

• Child Tax Bonus: For 2025, the bonus is €100 monthly for children under 15 and €50 monthly for children aged 15-18. This bonus is generally available to Slovak tax residents whose income is derived primarily from Slovak sources, with certain income limitations. Eligibility rules apply.
• 2% Tax Donation to Parents: Starting 2025, employees can donate 2% of their paid income tax to one or both parents if the parent(s) meet specific criteria, including being of retirement age and receiving a pension.
• Non-Cash Benefits: Some non-cash benefits provided by the employer, up to €500 annually, are tax-exempt for the employee.

Tax Rates and Deadlines

• Tax Rates: The general income tax rates for 2025 are 19% for income up to €48,441.43 and 25% for income above this threshold.
• Tax Year: The tax year in Slovakia is the calendar year (January 1st to December 31st).
• Tax Filing: Employers withhold income tax monthly and remit it to the tax authority within five days of the employee's payday. An annual tax settlement and reconciliation process usually take place in the following year.

This information is current as of February 5, 2025, and might be subject to change. Consulting with a tax advisor or referring to the official Slovak tax authority resources is recommended for the most accurate and up-to-date details.