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News

Tax and Business News 3/2009

1.04.2009
Company: PricewaterhouseCoopers Česká republika, s.r.o.

In the April Issue we would like to draw your attention to changes in VAT deductions for passenger cars.

A VAT Act Amendment was approved by the Czech Senate and signed by the President last week. First entitlement to a VAT deduction can be claimed already in the April 2009 VAT return.

The end of last week brought more changes in the area of Value Added Tax. Some labour intensive services will have VAT rates reduced. „Government approved EU agreement on reduction of VAT rates“ article is covering this area in more detail.

pwcContents of this Issue:

  • Parliament discusses important amendments of several tax laws
  • Deduction on the social security insurance contributions
  • Accelerated repayment of VAT refund
  • The Government approved an amendment of environmental taxes
  • Government approved EU agreement on reduction of VAT rates
  • Input VAT deduction for passenger cars – approved and signed by the President

For more click on the picture.

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