- VAT corrections can be made for bad debts under CZK 10,000 overdue by more than 6 months after two payment requests
- A new rule mandates VAT correction for unpaid incoming supplies by the end of the sixth month
Source: taxand.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.
Latest Posts in "Czech Republic"
- Czech Finance Ministry Proposes Lower VAT on Non-Alcoholic Beverages
- Czech VAT Draft Expands Bad Debt Relief and Raises Minor Receivable Limits
- EET 2.0: New Sales Registration Rules and Tax Changes
- Czech EET 2.0: New Real-Time Sales Reporting System from 2027
- Czech VAT Amendments Proposed for Bad Debts, Beverage Rates, and ViDA Rules














