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Czech Republic has announced a change in the VAT rates effective January 01, 2024.
Reduced VAT rates are consolidated from 15% and 10% under Reduced 12%effective 1.1.2024 (Super reduced rate is going to become obsolete and Reduced rate is updated from 15% to 12%)
Expenses currently using Super reduced rate need to be moved to Reduced rate effective 1.1.2024
Beverages (including beer and soft drinks) are moved from Reduced to Standard 21% rate effective 1.1.2024
Books are moved from Reduced to Zerorateeffective 1.1.2024
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