COVID-19: Economic aspects to consider for individuals and organizations. A brief update as at 1 April 2020

Restrictions on movement, as well as on retail activities and provision of certain services in the Czech Republic have been extended until 11 April and the Government continues to address measures to help entrepreneurs and organizations overcome this situation. Many legal changes and exceptions have been recently approved. In the below summary please find key information related to Antivirus scheme, preferential loans, grace period for loan payment, income tax, social and health insurance payments, Electronic Register of Sales etc.

There are other changes to come, for example possibility to use tax loss of 2020 to deduct corporate income tax base in 2018 and 2019 or deferral of rental payments of closed businesses. We will inform about the next changes and news during the next week again. 

Please share this summary as you consider appropriate:

• COVID-19: Economic aspects to consider for individuals and organizations. A brief update as at 1 April 2020

On behalf of 22HLAV,

Mirka

In case of any questions to this article please contact the author (Mirka Nebuželská).

This and other articles published on this webpage present the author's opinions, these are not legaly binding documents.