VAT news [January 2023]
The General Financial Directorate has published two key pieces of information relating to the current amendment to the VAT Act. The Ministry of Finance has published in its newsletter a new methodology for the …
Amendment: Changes in the taxation of individuals and new rules for VAT
From 1 January 2023, a new amendment of the Income Tax Act and VAT Act and other related acts should come to force. A draft amendment to the Income Tax Act has been approved by the Chamber of Deputies and has r…
VAT News [November 2022]
The amendment to the VAT Act is currently pending approval in the Senate. The EU Commission requires the Member States to regulate the application of VAT on payments by fuel cards. The Court of Justice of the E…
VAT News [October 2022]
What is new in indirect taxes? The expected amendment to the VAT Act is still pending in the Chamber of Deputies. The Coordination Committee of the General Financial Directorate and the Chamber of Tax Advisors …
VAT news [September 2022]
The amendment to the VAT Act, which should, among other things, increase the limit for taxpayer registration, is still in the legislative process. The government has issued a regulation that changes the scope o…
VAT news [June 2022]
The Coordination Committee of the GFD and the Chamber of Tax Advisors of the Czech Republic has adopted a decision on the tax treatment of prematurely terminated energy supplies in the event that one of the par…
VAT news [May 2022]
The adopted amendment of the VAT Act enables EU bodies to retroactively purchase goods used to combat the COVID-19 pandemic without VAT. The European Court of Justice ruled on the utilisation of a reduced VAT r…
VAT News [April 2022]
The Coordination Committee of the Czech Chamber of Tax Advisors and the General Financial Directorate drew conclusions on distraints and deductions from salaries, leaseback issues and services provided by munic…
VAT News [March 2022]
In the March VAT news, you will learn what rules for tax relief apply to the supply of goods in connection with the humanitarian crisis in Ukraine, what tax rates contact lenses are subject to according to the …
VAT News [February 2022]
Should the compensation of cost incurred in connection with wage deductions of employees under enforcement proceedings be subject to VAT? How should leasebacks be regarded from the VAT perspective? Should the s…