Chamber of Deputies approves return of electronic cash register system from next year
Electronic cash register system (EET) is set to return for Czech businesses from next year. According to the government, the system will be a more modern version that will not require printed paper receipts and it is expected to bring the state more than CZK 14 billion in additional revenue each year. The legislation must still be reviewed by the Senate and signed by the president before coming into force.
The bill survived a motion for rejection submitted by the ODS in the second reading. According to the party, the law is unnecessary, while other opposition groups also raised objections.
The law also introduces other tax changes. Certain health benefits provided by companies to employees will be exempt from income tax. It restores the so-called kindergarten tax credit for families with children and a student tax discount, both of which were abolished by the 2023 consolidation package. Non-alcoholic beverages served in restaurants will be included in the reduced 12 percent VAT rate.