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Late payment interest rates on overdue VAT liabilities

Late payment interest in Czech Republic 11,75% (8% plus repo rate).

In CZ late payment interest is calculated from the amount of the tax overdue. The rate is 8% plus the repo rate of the Czech National Bank effective on the first day of the calendar half-year when the default took place (repo rate as of 1 January 2022 is 3,75%). The interest arises from the fourth day after the due date until the tax was paid.

Source Ondřej Štědrý

See also Late payment interest on overdue VAT liabilities – An overview of a selection of EU countries

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