Today, the Czech Prime Minister, Petr Fiala, has confirmed proposals to withdraw the 15% and 10% reduced VAT rates. A new rate would be set at 12%. The standard VAT rate would remain unchanged at 21%.
Source: vatcalc.com
Latest Posts in "Czech Republic"
- Czechia Introduces VAT Deduction Reversal for Unpaid Invoices, Effective January 2025
- Czechia Uncovers €187 Million VAT Fraud Scheme in Electronics Trade; Seven Charged, Assets Seized
- VAT Group Registration Deadline Approaching – Apply by October 31, 2025
- EU Approves VAT Modernization: Electronic Invoicing and Digital Reporting by 2030
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
