COVID-19

Compensation bonus II On 14 November 2020, a new law regarding compensation bonuses entered into force. As in the spring, compensation bonuses are now intended to support small businesses in overcoming the unfavorable economic situation due to the state of emergency and the social and economic constraints associated with it. However, the conditions for compensation bonus […]

Current changes in Antivirus Program In order to support employers during the ongoing coronavirus crisis, the government has decided to continue with financial support in form of an Antivirus Program, or rather some of its modalities for the time being until the end of 2020. There are also some changes associated with the extension of […]

Tax waivers for Retail and Services In connection with the closing of most shops and establishments providing services, the Ministry of Finance has published some tax waivers. Please find a brief presentation of them below. What taxes do the waivers concern? Value added tax Punitive interest incurred over the taxation period of September, October and November […]

Autumn Tax Relief in Relation to the Coronavirus The Ministry of Finance has announced several types of tax relief in relation to the strict measures adopted during the state of emergency. Please find brief presentation of these below. Value added tax Punitive interest incurred over the taxation period of September, October and November 2020 will […]

Liberating Package III Dear readers, Before you set out for a well-deserved leave, we would like to inform you about recent developments of tax reliefs adopted in connection with the Covid-19 pandemic. The Government adopted a liberating package as a follow-up to the earlier tax relief measures, extending their application. Particularly, remission of tax, tax penalties and other […]

“Covid-Rent” support for businesses The Ministry of Industry and Trade (MIT) has recently published a call from the program “COVID – Rent” (hereinafter the “program”), which is based on Czech Government Resolution No. 550 of 18 May 2020, together with the provisions of the Budgetary Rules. We would like to familiarise you with the main points […]

The Antivirus Programme – New Regime: C Dear readers, we would like to inform you that, as an additional measure within the scope of targeted support for entrepreneurs aimed at compensating certain economic impacts related to the Covid-19 pandemic, the Czech president on 19 June 2020 signed an act that, among others, forfeits social security […]

COVID-19: Measures to support tenants In order to mitigate the negative consequences of the outbreak of COVID-19, the legislators have adopted measures aimed at protecting the weaker party to selected contractual relations. This newsletter focuses on temporary changes in lease relations published in the Collection of Laws on 27 April 2020. Prohibition of tenant evictions […]

Relief for debtors related to COVID-19 In order to mitigate the negative consequences of the outbreak of COVID-19, the legislators have adopted further measures aimed to protect the weaker parties to selected contractual relations. This newsletter focuses on temporary changes in credit relations published in the Collection of Laws on 17th April 2020. Instalment deferral […]

Lex Covid The Senate approved the bill “on certain measures to mitigate the impacts of the coronavirus (SARS CoV-2) epidemic on parties to court proceedings, injured parties, victims of crimes and legal entities and on the amendment of the Insolvency Act and the Execution Procedure Act“, referred to in short as “Lex Covid“. This law […]