VAT news [May 2026]
The Court of Justice of the European Union issued several noteworthy decisions in the area of VAT. In one case concerning transfer pricing, it addressed the tax treatment of adjustments resulting from subsequen…
Announcement of the first full RES+ programme calls
Within the Modernisation fund, the first so-called sharp calls have been announced in a new programme - this time in the RES+ programme focused on support of the installation of new energy sources and modernisation of existing renewable energy sources (RES) as well as elements of an active energy economy. Until 1 February this year, pre-registration was open for applications based on which it will now be possible to submit applications within the currently announced call.
The Modernisation Fund is aimed at helping countries that fall behind the economic performance of developed countries by increasing the use of clean organic sources and reducing energy and greenhouse gas consumption. Its allocation is based on the emission allowance price and currently amounts to CZK 150 billion. That is why it is such an important tool for financing environmentally friendly projects for up to the next ten years.
The aid from the RES+ programme within the current calls is provided for two types of projects focused on photovoltaic power plants (PPP). These include:
- Photovoltaic power plant up to 1 MWp
- Photovoltaic power plant over 1 MWp
The following projects can be supported:
- Individual PPP projects with one transfer point to the distribution or transmission system;
- Combined PPP projects consisting of several partial projects with more than one transfer point to the distribution or transmission system without a common control system;
- Virtual power plant projects consisting of several individual PPPs with more than one transfer point to the distribution or transmission system with a common control system.
Who may apply for the subsidy:
- Current or future holders of a licence for business in energy sectors (energy generation) and associations for renewable resources.
What the subsidy covers:
- Direct implementation costs – construction costs, supply costs and costs of services directly linked to the project subject
- Costs of professional technical and author’s supervision and OHS
Amount of subsidy per one project:
- The maximum amount of support per one project is 50% of the total project expenditure.
- The amount of support depends on the reflected ‘alternative investments’ (a scenario without public aid). Alternative investment costs are deducted from the project implementation costs and the resulting amount represents the eligible costs for the calculation of maximum public aid to which the aid subsidy percentage is subsequently applied.
Aid intensity per one project:
- Maximum 80% of eligible costs for small enterprises outside Prague; 65% in Prague
- Maximum 70% of eligible costs for medium enterprises outside Prague, 55% in Prague
- Maximum 60% of eligible costs for large enterprises outside Prague; 45% in Prague
Receipt of applications:
- From 12 July 2021 to 10 October 2021 for projects over 1 MWp and to 15 November 2021 for projects up to 1 MWp
