PROUD CONSUL

Czech VAT change from 1 January 2025: what’s new? From January 1 2025, Czech VAT 2025 law “No Pay, No VAT”introduces a practical cash-flow rule often summarized as “No Pay, No VAT.” Under §74b of Act No. 235/2004 Coll., if you claimed input VAT on a supplier invoice but don’t pay it within 6 months after the invoice due date, you must reverse (return) the claimed VAT to the tax office. Key points in plain terms No supplier credit note is needed. You adjust the VAT yourself.