- The Czech Ministry of Finance has proposed two VAT Act amendment packages, with effective dates targeted for 1 January 2027 and 1 July 2028.
- Planned changes include easier and earlier bad debt VAT corrections, plus a shorter deadline for debtors to adjust input VAT deductions (from 6 months to 3 months).
- The reduced 12% VAT rate would be extended to all non-alcoholic beverages served as part of catering services.
- Some ViDA-related changes would be transposed into Czech law, mainly minor OSS adjustments from 1 January 2027 and the abolition of call-off stock simplification from 1 July 2028.
- The main ViDA areas of platform economy, e-invoicing, and e-reporting are not included in these drafts.
Source: taxathand.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.
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