- 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.
