“The key point number one in our program statement is for me to unequivocally stop the extreme indebtedness of our country, when the state debt has risen from 1.6 trillion to 2.5 trillion crowns in the last two years. The first step is to revise the state budget for this year and reduce its deficit below 300 billion crowns. In any case, I want to further change the approach of the Financial Administration so that people regain confidence in the state, which must provide client-oriented services. For entrepreneurs, I will push for the abolition of EET, an increase in the limit for VAT registration to 2 million crowns and the same extension for entering the flat tax, ” said Finance Minister Zbyněk Stanjura.
Source: mfcr.cz
Latest Posts in "Czech Republic"
- ECJ VAT C-513/24 (Oblastní nemocnice Kolín) – AG Opinion – Costs for non-deductible VAT activities do not guarantee proportional deductions
- Czech Tax Authority Launches Campaign to Inspect Online Retailers’ Income Reporting for Tax Compliance
- Czech Republic to Implement Updated NACE Codes from January 2026 for VAT Compliance
- Czech VAT Act 2025: Adjust Unpaid Purchase VAT Deductions After Six Months
- FINTUA Global VAT Guide for September 2025
