Changes in Intrastat reporting from 1 January 2022
Intrastat reporting will see considerable changes from the beginning of 2022 in connection with Government Decree No. 333/2021 Coll., by which the Czech Republic is implementing more European rules.
Mazars Tax View - January 2022
We would like to welcome you to the year 2022 and to briefly introduce you to this year’s first issue of our tax newsletter.
In this New Year’s issue, we will traditionally be primarily introducing you to the news and changes in the area of taxation and the related acts that are valid from this January. These include significant changes in reporting in the Intrastat system, which we have summarised for you in the initial article. In another article, you will read about what this year will bring in the area of indirect taxes.
A just as interesting article brings useful information for those entrepreneurs who entered into the flat-rate tax system last year. We also summarised the news in the area of personal and corporate income tax for you and you will learn what the new average and minimum wages are from January 2022 and in what areas these changes are reflected.
News in the Income Tax Act
Below we bring you a brief overview of the most important changes in Act No. 586/1992 Coll., on Income Taxes, which will come into effect from 1.1.2022.
Effects of the new minimum and average wages
At the end of 2021, the government specified information in Decree No. 356/2021 that influences the increase of the average wage and it also passed Decree No. 405/2021 Coll., which increases the minimum wage starting from January 2022. This news does not only impact the issue of pension insurance, but also the area of personal income tax and social security insurance and in public health insurance.
Indirect tax news in brief
Significant changes are being made to the application of the special scheme for travel agents. The amendments were introduced in Act No. 343/2020 from 22 July 2020, but the effect of the new rules for this special scheme was postponed until 1 January 2022.
Flat-rate tax at the end of the first year
The first year of operation of the new flat-rate tax is behind us, and the first taxpayers who applied at the beginning of 2021 (or during the year in the case of business start-ups) for the flat-rate scheme will see whether their tax liability and contributions to public insurance for 2021 will actually be settled by a flat-rate tax, or if they will be obliged to submit tax returns and reports.
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