Finance minister seen backing down on tax battle with coalition partner

Finance minister Andrej Babiš has backtracked on proposed moves to clamp down on the tax breaks offered to the self-employed. Public broadcaster Czech Television said the minister was no longer insisting on changes ahead of a meeting of leaders of coalition parties on Wednesday. The smallest party in the government, the Christian Democrats said they were totally opposed to Babiš’ proposed changes but they received support from the left-of-centre Social Democrats. The main change advanced was the abolition of tax breaks for those who opted to automatically write off tax on 60 percent of their earnings.

Author: Chris Johnstone