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.
In the currently ending programming period 2014-2020, several interesting calls are still open, from which applicants can receive subsidies for individual projects in the amount of up to several tens of millions, in particular to support investment costs. In total, more than CZK 3.5 billion should be distributed among entrepreneurs as part of these calls. Below is a more detailed description and parameters of each call from the Energy Savings programme.
The Energy Savings call supports projects aimed at reducing the energy performance of the company. Activities such as the reconstruction and modernisation of self-consumption energy generation facilities, electricity, gas and heat distribution systems with the aim of increasing efficiency, modernising lighting systems for buildings and industrial sites, reducing the energy performance of production and technological processes, using waste energy in production processes or installing renewable energy sources or electricity storage are supported.
For one project, the applicant can receive support of up to CZK 200 million. The allocation for this call is set at CZK 1 billion.
Who can apply for the subsidy:
- Small, medium and large enterprises
What the subsidy covers:
- Expenditure on tangible fixed assets
- Expenditure on intangible fixed assets for the operation of tangible fixed assets
- Energy assessment
- Project documentation
- Engineering
- Expenditure on the organisation of tenders
Amount of subsidy per project:
- CZK 0.5 million – CZK 200 million
Aid intensity per project:
- Maximum 50% of eligible expenditure for small enterprises
- Maximum 40% of eligible expenditure for medium-sized enterprises
- Maximum 30% of eligible expenditure for large enterprises
Receipt of applications:
- Until 30 April 2021
This is an ongoing call. The project has to be carried out in the territory of the Czech Republic, outside the capital city of Prague, the actual place where the project is implemented is decisive.
The Energy Savings with EPC Call supports projects aimed at reducing the energy performance of the company. The specificity of this call is the method of financing the savings, where it involves securing financing in the form of instalments from the resulting, contractually declared savings. The project and individual austerity measures are thus financed by future savings, which will be used to repay investment costs. Another condition is the EPC contract, which the applicant concludes with the so-called ESCO (Energy Service Company), which ensures the implementation of energy-saving measures. At the same time, energy savings are financially expressed and therefore, in the event of failure to achieve them, the ESCO will financially compensate these unattained savings to the applicant.
Activities such as the reconstruction and modernisation of self-consumption energy generation facilities, electricity, gas and heat distribution systems with the aim of increasing efficiency, modernising lighting systems for buildings and industrial sites, reducing the energy performance of production and technological processes, using waste energy in production processes or installing renewable energy sources or electricity storage are supported.
For one project, the applicant can receive support of up to CZK 200 million. The allocation for this call is set at CZK 0.5 billion.
Who can apply for the subsidy:
- Small, medium and large enterprises
What the subsidy covers:
- Expenditure on tangible fixed assets
- Expenditure on intangible fixed assets for the operation of tangible fixed assets
- Energy assessment
- Project documentation
- Engineering
- Expenditure on the organisation of tenders
Amount of subsidy per project:
- CZK 0.5 million – CZK 200 million
Aid intensity per project:
- Maximum 50% of eligible expenditure for small enterprises
- Maximum 40% of eligible expenditure for medium-sized enterprises
- Maximum 30% of eligible expenditure for large enterprises
Receipt of applications:
- Preliminary applications: 8 December 2020 – 31 March 2021
- Subsidy applications: 1 April 2021 – 30 September 2021
This is an ongoing call. The project has to be carried out in the territory of the Czech Republic, outside the capital city of Prague, the actual place where the project is implemented is decisive.
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