The average fuel price for the provision of travel expenses changes

On 11. 3. Round 2022, an amendment to Decree No. 511/2021 COLL., Amendment of the rates of basic compensation for the use of road motor vehicles and daily subsistence allowances and determination of the average price of fuel for the purpose of providing travel expenses. The decree was issued under No. 47/2022 Coll.

23.03.2022 was discussed at the Coordination Committee of the Ministry of Finance of the Czech Republic with the Chamber of Tax Advisors of the Czech Republic contribution1) dealing with the application of VAT to services provided by municipalities to authorized packaging companies.

The Minister of Finance waived the interest on late payment and interest on the deferral of value added tax for the tax period February to August 2022, respectively. I and II quarters of 2022.

From the decision of the Minister of Finance, which was published in the Financial Bulletin No. 2022-06 on 24 March 2022, there was a waiver of advances on road tax for the 2022 tax period, i.e. advances that are due on 15.4, 15.7, 17.10, and 15.12.

On 11. 3. 2022, an amendment to Decree No. 511/2021 COLL., amending the rates of basic compensation for the use of road motor vehicles and subsistence allowances and determining the average price of fuel for the purpose of providing travel expenses. The decree was published under No. 47/2022 Coll.

The tax administrator cannot deny the right to deduct tax simply because the invoice does not meet the prescribed conditions under the VAT Directive.

The tax administrator cannot deny the right to deduct tax simply because the invoice does not meet the prescribed conditions under the VAT Directive.