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PSP approved compensation for small businesses and online tax office

(ČIA) On May 27, 2020, the Chamber of Deputies of the Parliament of the Czech Republic (PSP) approved an amendment to the Compensation Bonus Act in connection with crisis measures due to the COVID-19 pandemic, which was returned by the Senate for reconsideration. Minister of Finance Alena Schillerová (for ANO) stated that small limited liability companies can claim compensation of up to CZK 44,500. MPs also supported the amendment to the Tax Code, the key part of which is the legislative anchoring of the online tax office MY taxes.

 

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