The Slovak Ministry of Finance has published updated instructions for completing the Insurance Premium Tax (IPT) return, effective 1 January 2026. The update introduces a new disclosure requirement for taxpayers applying the transitional tax rates under Article 13a of the IPT Act.
Taxpayers who apply the 8% rate only, or both the 8% and 10% rates across individual insurance classes, must now populate the Notes (Poznámky) field on the first page of the return. The entry must identify, for each applicable row, the class of business, the tax rate applied, and the corresponding taxable base, using the prescribed format:
Example: 1(8/1000, 10/1500), 2(8/3000, 10/4500), 14(8/1500, 10/550)
The taxable bases disclosed in the Notes field must reconcile with the totals reported in rows 1 to 18 of the Insurance Tax Base column on the second page of the return.
Taxpayers writing insurance business in Slovakia subject to the old IPT rate should review their return preparation process to ensure compliance with the updated instructions ahead of the next filing cycle.
