The amendment to the VAT Act, which should increase the limit for registration as a taxpayer (from the current CZK 1 million to CZK 2 million for twelve consecutive months) as of 1 January 2023, is still going through the legislative process.
Source: dreport.cz
Latest Posts in "Czech Republic"
- Czech Republic Enacts New VAT Rules for Unpaid Invoices Starting January 2025
- Czech Small Businesses Gain Flexibility with Quarterly VAT Returns Starting 2025
- Reminder: Submit 2024 EU VAT Refund Applications by September 30, 2025 Deadline
- VAT in the Czech Republic – Comprehensive up to date guide
- Czech Republic Updates VAT Deduction Rules for Unpaid Debts Effective January 2025