As a reminder, from January 1, 2024 the rates applicable in the Czech Republic will be as follows:
n- n
- Standard rate: 21% n
- Reduced rates: 12% n
In line with this reform, it has been decided that newspapers, periodicals and certain foodstuffs will be subject to the reduced 12% VAT rate. Until now, these products were subject to a reduced rate of either 10% or 15%.
