The Recovery Package in the context of tax changes
Following the Government announcement on the Recovery Package, the related amendment to the tax regulations was published. Below we summarise a selection of the most important changes in this area.
Higher Limits for Tender
The Ministry of Industry and Trade of the Czech Republic changed the conditions for announcing tenders as part of the Operational Programme Enterprise and Innovations for Competitiveness.
Specifically, the limit for announcing tenders increased from CZK 500 thousand to CZK 2 million (CZK 6 million for construction work). Therefore, no tenders will have to be announced below this limit. The aim of this change is to simplify tender administration and control, as well as reduce tender errors. The changes are effective from 23 October 2019.
