- The standard VAT rate in the Czech Republic is currently 21% and will remain unchanged.
- From January 1, 2024, the reduced VAT rate will be lowered to 12%.
- One of the two reduced VAT rates in the Czech Republic will be completely eliminated.
- The changes in VAT rates may have a significant impact on businesses in the Czech Republic.
- The reduced VAT rate will apply to selected goods and services, including food.
- The VAT rate for non-alcoholic beverages will increase from 15% to 21%.
- The VAT rate for firewood and cut flowers will be restored to the standard rate of 21%.
- The VAT rate for certain services, such as hairdressing and waste collection, will be 21%.
- The VAT rate for occasional bus transportation and ski resort services will be 12%.
- Books and magazines will be exempt from VAT.
- Consultations and resources are available for those with questions about VAT in the Czech Republic.
Source: eurofiscalis.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
