On 14 April 2020, the Finance Ministry has made announcement about some measures related to VAT. The measures are given below:
- The penalty of amount CZK 1,000 applies in case of fail to file a control statement during the period lies from 1 March 2020 to 31 July 2020.
- In addition, a waiver of the late payment interest, A waiver of interest connected to the deferral of VAT payment or VAT payment installment schedule, waiver of the sanction for the late submission of the VAT return, A waiver of other sanctions for the late submission of the control statement (all sanctions from CZK 10,000 to CZK 50,000) during the period lies from 1 March 2020 to 31 July 2020 etc. will be applicable for severely affected VAT payers due to COVID-19 outbreak.
