Moving to a new country can be both exciting and daunting, and one of the important aspects to consider is the tax system. For expats relocating to Slovenia, it is important to understand the tax system in order to ensure compliance and avoid any potential issues with the authorities.
Slovenia has a progressive taxation system, meaning that the rate of taxation increases as income increases. Expats should be aware of the different tax rates for residents and non-residents. Residents are subject to tax on their worldwide income, while non-residents are only taxed on their income originating from Slovenia. Additionally, there are various deductions and exemptions available for certain types of income, such as employment income, rental income, and capital gains.
Another important aspect for expats to understand is the tax residency rules in Slovenia. If an expat spends more than 183 days in Slovenia within a calendar year, they will be considered a tax resident and subject to tax on their worldwide income. It is important to keep accurate records of days spent in the country in order to determine tax residency status.
In Slovenia, the tax authority is known as the Financial Administration of the Republic of Slovenia. They are responsible for collecting and administering taxes, and it is important for expats to register with them upon arrival in the country. The tax year in Slovenia runs from January 1st to December