VAT news [January 2025]
The General Financial Directorate has issued information on the amendment to the VAT Act, which came into effect on 1 January 2025, as well as information on the application of VAT for fuel payments made throug…
What is new in the customs tariff for 2025
On 31 October 2024, the EU customs tariff for 2025 was published (effective from 1 January 2025). The updated tariff introduces new customs codes for selected goods or changes the scope of existing codes. Altho…
VAT news [October 2024]
The amendment to the VAT Act for 2025 is awaiting its third reading in the Chamber of Deputies. The Court of Justice of the European Union has ruled on the issue of claiming a deduction after the expiry of the …
ETS2 introduces emission allowances for the heating of buildings and transport
From 2027 on, the European Union will extend the EU Emissions Trading System (ETS). The new rules identified as ETS2 will focus on further areas not covered by the system yet, including mainly the heating of bu…
What are the expected changes of the amendment to the Excise Duties Act?
The forthcoming amendment to Act No. 353/2003 Coll. on Excise Duties, as amended (hereinafter referred to as the “Excise Duties Act”), and other related acts is expected to enter into force on 1 January 2025. A…
VAT news [May 2024]
The European Commission postponed VAT changes that were to become valid in 2025 for several years. The Court of Justice of the European Union clarified rules for the determination of tax base for internally dev…
E-invoicing postponed to 2030: Why you should not wait
On 14 May 2024, an amendment to the VAT Directive was discussed at the European Union level (ECOFIN). This amendment contains three main pillars aimed at modernising and simplifying the tax system in the EU. Th…
Changes in the field of windfall tax: Are you sure you are not obliged to pay it?
On 3 May 2024, the General Financial Directorate (GFD) published on its website an update of the Czech Statistical Office’s opinions on the classification of some activities according to the CZ-NACE classificat…
VAT news [April 2024]
The Ministry of Finance is working on an amendment to the VAT Act, which is expected to come into force on 1 January 2025. The Court of Justice of the European Union has expressed its opinion on the question of…