News

News 7/2021

By: Roman Pecháček On: October 06, 2021 Comments Disabled
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 relevant European directive. However, the legislative process then hit a problem. The […]
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News 6/2021

By: Roman Pecháček On: June 21, 2021 Comments Disabled
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 in the Senate. The changes will mainly concern: Taxation of […]
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News 5/2021

By: Roman Pecháček On: February 11, 2021 Comments Disabled
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 without the entitlement to deduct VAT from transactions on input. If […]
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News 4/2021

By: Petr Hanka On: February 02, 2021 Comments Disabled
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 take effect on 1 June 2021. We would like to acquaint you […]
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News 3/2021

By: Jana Kotíková On: January 18, 2021 Comments Disabled
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 of inspection procedures revision of the sanctioning system refund of the tax deduction. […]
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News 2/2021

By: Jana Kotíková On: January 13, 2021 Comments Disabled
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 period in place, in which the United Kingdom was still viewed as an EU Member State […]
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News 1/2021

By: Roman Pecháček On: January 06, 2021 Comments Disabled
2021 Tax Bundle We would like to briefly inform you of the selected changes brought about by the “tax bundle”. The respective collection of amendments was published in the Collection of Laws on 31 December 2020 and is effective from 1 January 2021. However, some provisions may already be applied to the year 2020. Cancellation […]
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News 24/2020

By: Jana Kotíková On: January 01, 2021 Comments Disabled
Flat Tax for Entrepreneurs From 1 January 2021, a flat tax will be introduced which could bring savings to selected entrepreneurs and reduce their administrative burden. However, the transition to a flat tax must be reported to the tax office by 10 January 2021 at the latest. The flat tax can be used only by an entrepreneur […]
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News 23/2020

By: Alena Křížová On: November 24, 2020 , Comments Disabled
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 […]
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News 22/2020

By: Petr Hanka On: November 05, 2020 , Comments Disabled
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 […]
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