Mazars Tax View - January 2020

Inside you will read what is new in the area of VAT and the situation around the significant amendment to the VAT Act, as part of which “quick fixes” should be implemented in Czech law from 1 January 2020.

As usual, from January there will be an increase of the minimum wage, which is the highest in our history this year. In connection with the economic growth over the last year, the average wage also increased significantly. You can read about everything affected by those two quantities in our following article.

In this issue, we will also remind you of the changes that have already taken place in the Electronic Registration of Sales and what await us from May of this year. In this context, we will remind you in the article to check the validity of your certificate for the registration of sales.