Below please find an overview of the most important proposals (and decisions) for support to entrepreneurs that were adopted on today’s session of the Czech government:
- reduction of the VAT rate from 15% to 10% for accommodation services; the reduction is to apply retrospectively from 1 January 2020
- reduction of road tax by a quarter for trucks with a maximum permissible weight of more than 3.5 tons
- the government plans to waive social security contributions for companies with up to 50 employees for the months June to August 2020 under certain conditions
- the Antivirus programme will be extended until August 31, 2020
- entrepreneurs can subsequently claim a tax loss for the two tax periods that precede the tax period in which the loss occurred
- tomorrow all border crossings to Austria and Germany will be opened again. Checks of entry restrictions into the Czech Republic will only be carried out randomly