Nová pravidla pro odpočet DPH: Informace GFŘ

We would like to draw your attention to a new notice from the Tax Authority (available HERE), summarizing changes to the rules for claiming VAT deductions. Although the amendment has been in effect for more than a year, the document has only just been published.

The largest part of the document is devoted to rules for partial VAT deduction. Significant changes have been made in this area, and taxpayers will appreciate guidance when navigating provisions that are not entirely clear. As the saying goes – the devil is in the details, and even seemingly minor provisions can have an impact on your situation.

Are you acquiring long-term assets and do not have full entitlement to deduction? How should you proceed if the acquisition takes more than a year? What are the effects of transitional provisions? And, for example, what about assets created by your own activities and put into use only in 2025 or even later? If you are dealing with similar situations, we recommend studying the document in detail. It also includes a number of model examples that will help you navigate the issue.

The material also explains new rules for the cross-border regime for small businesses, restrictions on deduction when purchasing a passenger car, the newly shortened deadline for claiming it, deduction upon VAT registration, and record-keeping obligations for VAT purposes.

Author:

Ivana Svobodová