News

News 2/2022

Do you forget to publish your financial statements in the collection of documents? Entrust the tax office! As we have already pointed out several times in our news, accounting entities are obliged to publish their financial statements in the collection...
Read More

News 1/2022

Personal Income Tax Returns for 2021 With the upcoming season for filing tax returns for 2021, we would like to briefly summarise selected news for this tax period. The changes were introduced mainly by the so-called 2020 tax package, which we informed...
Read More

News 9/2021

Subsidies from the National Recovery Plan The Ministry of Industry and Trade of the Czech Republic has developed the National Recovery Plan, which has already been approved by the European Union. We expect the announcement of the first calls in the near...
Read More

News 8/2021

Waiver of VAT for Supplies of Electricity and Natural Gas in November and December 2021 We would like to inform you that the Ministry of Finance of the Czech Republic has decided on an extraordinary waiver of VAT for supplies of electricity and gas in...
Read More

News 7/2021

VAT Amendment Concerning e-Commerce Comes into Effect In June 2021, in our News No. 6 we informed you that the Chamber of Deputies had approved an amendment to the VAT Act. The amendment should have been effective from 1 July 2021, as required by the...
Read More

News 6/2021

VAT changes related to e-commerce We would like to draw your attention to the amendment to the Czech VAT Act, which should be effective from 1 July 2021. The relevant proposal has already been approved by the Chamber of Deputies; it will now be debated...
Read More

News 5/2021

VAT on rental of residential properties Dear readers, We would like to draw your attention to a change in VAT on the rental of flats and houses from 2021. Rental of real estate, with a few exceptions (for instance rental of parking spaces), is VAT exempt...
Read More

News 4/2021

Records of beneficial owners and significant new sanctions There will be changes to the records of beneficial owners in the spring of 2021. The new Act No. 37/2021 Coll., on records of beneficial owners was published in the Collection of Laws and should...
Read More

News 3/2021

Amendment to the tax code The amendment to the tax code came into effect on 1 January 2021. Based on the justification report for the act, the following thematic areas should constitute the core of the proposed changes: support of digitalisation simplification...
Read More

News 2/2021

Tax impacts of Brexit The United Kingdom of Great Britain and Northern Ireland (hereinafter “United Kingdom”) exited the European Union on 31 January 2020, based on an agreement on withdrawal. However, until the end of 2020 there was a transition...
Read More