ASB Czech Republic, s.r.o.

V Celnici 1031/4, 110 00 Praha 1

Czech Republic

+420 224 931 366

IČ: 27215849

Registered in the Commercial Register maintained by the Municipal Court in Prague under file C 105100 .

Direct contact (media & inquiries)

Dan Ledvinka Group Business Development Director +420 724 377 998 dledvinka@asbgroup.eu

Important changes to VAT from 1 April 2020

Liquidation of VAT return forms and introduction of new JPK_VAT (SAF-T) Starting from the VAT settlement for April 2020, large companies will be obliged to replace the traditional VAT-7 return form with a new JPK_VAT (SAF-T; so-called “VDEK”). For other taxpayers, this obligation will apply from the VAT settlement for July 2020. The new regulations do not eliminate VAT tax returns, however, they significantly modify the rules of their preparation and submission. In effect, the rules regulating monthly JPK_VAT submissions will change.