Reduction of VAT rates

Czech Republic will be reducing the VAT rate for certain goods and services.

Reduction of VAT rate from 21% to 10% for:

• repair of footwear and leather goods
• repair and modification of clothing and textile products
• repair of bicycles
• hairdressing and barber’s services

Reduction of VAT rate from 15% to 10% for:

• Water and sewerage charge
• Catering and soft drinks services

The Amendment shall become effective as of the first day of the calendar month following the month when the Amendment is published in the Collection of laws (Chamber print no. 205, www.psp.cz/sqw)

Source: Leitner

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