VAT news [April 2026]
The General Financial Directorate disagrees with a judgment of the General Court of the Court of Justice of the European Union concerning the tax period in which the right to deduct VAT may be exercised. The Co…
The Ministry of Industry and Trade had been preparing the National Recovery Plan (NRP) for several months and it was finally approved by the Economic and Financial Affairs Council (ECOFIN) and the Council of the European Union last month. This means that the first calls are already being prepared and they are expected to be announced during November and December.
The objectives of the NRP are economic recovery and helping with addressing the economic and social impacts of the coronavirus pandemic. The NRP additionally focuses on aiding environmental and digital transformation, boosting productivity and achieving sustainability. In total, CZK 180 billion in the form of subsidies will be distributed to companies and entrepreneurs.
The NRP consists of six pillars under which the aid will be provided:
- Digital transformation
- Physical infrastructure and green transition
- Education and labour market
- Institutions and regulation and support for businesses in response to Covid-19
- Research, development and innovations
- Health and resilience of the population
In the coming months, the calls focusing on the following issues are expected to be announced:
The above calls are supposed to be intended for small and medium-sized enterprises and large enterprises.
Seminars, webcasts, business breakfasts and other events organized by Deloitte.