News

News 21/2020

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 […]
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News 20/2020

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 […]
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News 19/2020

Real estate acquisition tax Tax on real estate acquisition finally abolished The government approved the abolition of the 4% real estate acquisition tax back on April 30, 2020, but it did not enter into force until September 25, 2020. The positively perceived abolition of the tax is associated with changes in the Income Tax Act, […]
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News 18/2020

Major Amendment to the Business Corporations Act An amendment to the Act No. 90/2012 Coll., on business corporations (hereinafter referred to as the „BCA“) was published in the Collection of Laws in February this year. Introducing numerous significant changes and amendments to business corporations issues, the amendment is referred to as the “Major Amendment“. Along with […]
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News 17/2020

QUICK FIXES / AMENDMENT TO THE VAT ACT We would like to inform you that the Amendment to the VAT Act, implementing quick fixes, came into effect on 1 September 2020. Quick fixes are a set of measures that change the rules for movement of goods between EU member states. These European rules were supposed to […]
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News 16/2020

2020 Amendment to the Labour Code Dear readers, We would like to inform you about the latest labour law developments. The long-awaited major Amendment to the Labour Code shall come into force in the next few days. The amendment shall introduce significant and essential changes to the legislation (in particular, in the area of annual […]
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News 15/2020

Come and meet DAC 6! The abbreviation DAC 6 is not unknown. Sometimes it appears in the news on taxes or in the parliament records . But what does it actually stand for? Does it concern any of us? What does it actually bring about? Today’s newsletter tries to answer these questions. What is DAC […]
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News 14/2020

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 […]
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News 13/2020

“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 […]
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News 12/2020

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 […]
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