How to Avoid VAT Repayments: Practical Tips for Businesses
§ 74b of the Czech VAT Act (ZDPH) is now in force, and the question of "how not to return VAT" isn’t about finding loopholes—it’s about organizing your internal…
Read articleArticles
Articles about accounting, taxes and running a business in Czechia.
What Happens if You Fail to Return the VAT Deduction on Time: Common Mistakes and Sanctions
The introduction of § 74b of the VAT Act (ZDPH) has made the monitoring of unpaid invoices a part of the taxpayer’s fiscal responsibility. A missed payment deadline is…
Read articlePartial Payments and VAT: How to Calculate and When to Adjust
In real business operations, invoices are rarely paid in full and on time. Clients often pay in parts, in stages, with delays or irregular installments. With the introduction…
Read articleVAT Adjustment on Unpaid Invoices: When the Obligation Arises
§ 74b ZDPH, effective from 1 January 2025, introduces a new approach to VAT deductions: if the obligation is not paid, the deduction must be adjusted. The principle “no…
Read article