Czech Republic: Amendments in VAT law 2025 include changes to registration threshold, implementation of EU small business scheme for cross-border supplies
Amendments generally effective January 1, 2025
The amendment to the Value Added Tax (VAT) Act 2025 introduced the following changes:
- Czech-registered taxable persons must register for VAT if their annual turnover exceeds CZK 2,000,000 in the previous year or CZK 2,536,500 within a calendar year.
- The VAT exemption for small businesses conducting cross-border supplies within the EU, in line with the EU Council Directive (EU) 2020/285, was implemented.
The amendments generally became effective January 1, 2025.
For more information, contact a KPMG tax professional in the Czech Republic:
Martin Krapinec | mkrapinec@kpmg.cz