- Czech small businesses can switch from monthly to quarterly VAT returns starting in 2025
- The turnover threshold for quarterly VAT returns will increase from CZK 10 million to CZK 15 million
- Companies with annual turnover up to CZK 15 million in 2024 can file VAT returns quarterly
- This change aims to reduce the administrative burden for small businesses
Source: vatcalc.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"
- Maximizing Czech VAT Revenue: How Much More Can Be Collected Without Raising Tax Rates?
- Key VAT Changes for 2026: New Rules, Refunds, and Financial Services Updates
- New Electronic VAT Refund System for Non-EU Tourists in Czech Republic from 2026
- EU Urges Czechia, Greece, and Slovakia to Fully Implement Key Customs Systems
- ECJ C-796/23 (Česká síť) – Judgment – Managing partner not liable for other partners’ independently provided service VAT
