Publications
Measures to help the UK economy
Against a backdrop of high inflation and low growth, the first UK Budget for 18 months sees the Chancellor of the Exchequer, Jeremy Hunt, setting out the UK Government’s vision for delivering on three of the five key priorities announced by the…
Investment incentives - the end of government arbitrariness?
On 22 March 2023, the Government of the Czech Republic discussed a draft amendment to the Investment Incentives Act.
The amendment is intended to simplify the process of granting investment incentives. As of 2019, it was at the “discretion” of the…
Subsidies for training your employees available again
The newly announced call within the framework of the Operational Programme Employment Plus called Corporate Training is intended for all types of enterprises from all regions, where they can apply for funding for the training of their employees. The…
On the obligation of self-employed persons to file tax returns electronically
With effect from 1 January 2023, an amendment to Act No. 300/2008 Coll., on Electronic Acts and Authorised Conversion of Documents, as amended, expanded the range of persons, for whom data boxes are established “automatically” (or regardless of the…
From the case-law: Tax right of the tax administrator to refuse entitlement to VAT deduction due to participation in fraud
In its judgment No. 7 Afs 45/2021 – 57 of 27 February 2023, the Supreme Administrative Court (SAC) ruled in favour of our client, whom we represented in a value added tax assessment case, where the tax administrator denied the right to deduct…
New social security contracts
On 1 March 2023, a new Treaty between the Czech Republic and Bosnia and Herzegovina on social security, published under No. 12/2023 Coll., entered into force and an implementing document published under No. 13/2023 Coll., was negotiated for its…
Direct liability of a managing director (partner) of a limited liability company for damage caused to a third party
With effect from 1 January 2014, according to the new article 2914 of the Civil Code[1], “whoever uses a representative, employee or other helper in the course of his activities shall compensate for the damage caused by him in the same way as if he…
The supreme court interpreted vague terms in relation to adverse profit and loss
The High Court in Prague, as the Court of Appeal, in proceedings under Case No. 6 Cmo 333/2021 dealt with the fact that the defendant company refused to provide severance pay to a dismissed member of the Board of Directors in accordance with his…