Czech Government Approves Draft Bill Increasing VAT Registration Threshold
The Czech Ministry of Finance has announced that the Czech government approved a draft bill on 22 June 2022 that includes several tax measures, including an increase in the annual limit for mandatory VAT registration from CZK 1 million to CZK 2 million with effect from 1 January 2023. This follows the recent approval from the Council of The European Union for the Czech Republic to increase the…
Continue Reading