Czech Republic - The government agree to increase the lower VAT rate to 14%
10-11-2011

Czech Republic

The Czech government have agreed to increase the lower VAT rate from 10% to 14% with effect from the beginning of 2012.

Further, it is planned that both the lower and standard VAT rates, lower will be 14% from 2012 and the standard VAT rate of 20%, will be united at a rate of 17.5% from the beginning of 2013. These changes, however, were approved only by the government and are pending an approval of both chambers of the Czech parliament.

As soon as we have confirmation that this change has been approved we will update the site accordingly.
In the meantime should you have any queries please e-mail info@meridianglobalservices.com.