- The amendment to the VAT Act, under which the limit for registration as a taxpayer should be increased from 1 January 2023 (from the current CZK 1 million to CZK 2 million for twelve consecutive months), is still in the middle of the legislative process.
- it is possible that from January 2023 a reduced VAT rate of 10% will be newly applied to the supply of fruit and vegetables. On the other hand, sweetened beverages could be reclassified as goods subject to the standard rate of tax.
Source Deloitte
