- VAT: an introduction. (businesshelp.lloydstsbbusiness.com)
- TurboTax – Video: Social Security Tax – Who Is Exempt? (turbotax.intuit.com)
- TurboTax – Video: What Educational Expenses Are Tax Deductible? (turbotax.intuit.com)
- VAT rise: How to avoid paying too much tax (confused.com)
- SAP review (richardcornelisse.com)
Another alert from Baker Tilly Czech Republic – this time you need to look closely at this particularly if you make lower rate VAT supplies or if you buy lower rate supplies in the Czech Republic without being a VAT registered entity and want to take advantage of a tax planning window which is only open for the next ten days. Remember that the usual limitation of liability applies to all alerts featured on Quoracy.com and for specific advice you should seek tailored advice from the authors.
- Czech Republic – country profile (rombizco.wordpress.com)
- Video: Vaclav Havel mourned in Czech Republic (cbsnews.com)
- Former Czech Republic leader Havel dies (hollywood.com)
TGC Corporate Lawyers Poland sent us another of their timely legal alerts:
Dear Quoracy Subscribers,
Extended taxation on gratuitous actions
As of 1 April 2011 all transfers of goods belonging to the tax payer’s enterprise made by the tax payer gratuitously (whether made for purposes relating to the enterprise or not) will be subject to taxation if the tax payer was entitled to reduce the output tax by the amount of the input tax in respect of such goods, in full or in part.
Medical packages for employees
The amendment introduces a VAT exemption on provision of services consisting of the employers making medical benefits available to employees and their family members.
Delivery of goods and provision of services by an entity not having a registered office in the Republic of Poland
Pursuant to the amendment, if the entity providing services or delivering goods to the tax payer in Poland does not have its registered office, permanent place of residence or permanent place of business in Poland, the recipient of services or buyer of goods shall always be the tax payer in respect of such transactions.
Trade in scrap – new taxation rules
The amendment changes the rules for settling the tax in trade in scrap and rights regarding emission of greenhouse gases. The said amendment introduces a general rule pursuant to which it is the purchaser who is obliged to pay VAT in respect of delivery of scrap and transfer of rights to emit greenhouse gases.
We will be pleased to provide you with detailed information regarding amendments to the VAT Act. For this purpose, we can prepare appropriate training, meetings with our tax advisers and opinions regarding issues of interest to you.
Should you have any questions, please do not hesitate to contact us:
Director of Tax Department
T: +48 22 653 3804
T: +48 22 653 3750
- Poland slow in probe of Kaczynski plane crash: Russia (cbc.ca)
- The meaning of traveling is to me – Rzeszow, Poland (travelpod.com)
- Belarusians get a little help from their Polish friends (macleans.ca)
- Isn’t this antisemitism old news, Poland? (thejc.com)
- The most storks in Europe are in Poland – Kraków, Poland (travelpod.com)
The Nordic Chamber in the Czech Republic sent us the following
- Tel: +420 774 123 370
- Fax: +420 226 015 885
In partnership with Nordic Chamber of Commerce
Up with People performs their show –
A Song for the World – in Prague
For 45 years Up with People has performed for more than 20 million people in 42 countries world-wide and for 100 million viewers at television shows or at 4 Super Bowl halftime shows.
After 20 years Up with People returns to Prague to make a special performance at the Hybernia Theatre at Náměstí Republiky in the center of Prague.
The municipality of Prague 5, and the City of Prague are supporting the visit of Up with People to Prague. Additional partners are AmCham, Prague Student Summit, European Year of Volunteering 2011, Rotary and Rotaract Clubs in Prague, UniqueConsult s.r.o. and M.S. Stavební s.r.o.
The Up with People cast consists of 100 members from 21 different countries in the age of 18 to 29. Their 6 month tour brings them to the USA, the Bahamas, the Netherlands, Belgium, Czech Republic, Switzerland and Mexico.
During the week-long stay in Prague the cast will engage with the Czech youth at the “Up with People Youth Forum”, where young Czechs can be inspired by their international visitors to discuss “Good Governance” and learn how young people can make a positive impact and engagement in their local communities.
Up with People will perform their high-energy, colorful, “Broadway-style” musical show at the Hybernia Theatre for 900 people on Thursday April 21st at 20:00. Among people invited to the show are officials from Prague City and Prague 5, key politicians, diplomats and business people.
You have an opportunity to be involved as well and to experience the positive impact of Up with People.
Be a Partner, buy tickets or become a host family. Look at the attached presentation for more information.
Assistant Director, Asia / Europe
Cell Phone #: +420 721 445 109
Emails: lpetzhold | Website: www.upwithpeople.org
- A Summer Prague (huliganov.tv)
- Behind the once Iron curtain – Prague, Czech Republic (travelpod.com)
- Souvenirs from Prague (praguevisit.wordpress.com)
- Religion and freedom – Prague, Czech Republic (travelpod.com)
The British Czech Chamber sent us the following:
Dear members and colleagues,
we are delighted to invite you to our next BCC Workshop – English for HR Professionals, which will take place at the Hotel Majestic Plaza, Štěpánská 33, Prague 1 on Thursday, 21th April from 9.00 a.m. – 5.00 p.m.
This workshop will be of interest to HR professionals:
· who do not use English on a daily basis; but
· who need to report to the senior leadership in English; and
· who wish to be able to describe and present effectively in English
The purpose of the training will be to:
· learn new vocabulary and phrases in most common HR areas
· learn how to describe and present their HR work and achievements effectively in English
Topics covered by the workshop include
· New Employees
· Recurring issues
· Employee departures
Speaker: Laura Gilber – CV here
Please note:Cancellation of confirmed participation can be made no later than Monday, 18 April at 5.00 p.m. No-shows will be invoiced after the event in full amount. We reserve the right to make changes to the programme due to unforeseen circumstances. By registering, you give your consent to our maintaining and processing your personal data, and using your electronic address for the purpose of disseminating business-related communications by the BCC and its sponsors.
BCC breakfast briefing – Leadership Energy and the Art of Action, Hotel Majestic Plaza, Štěpánská 33, Prague 1, 31.03.2011 REGISTER HERE
BCC GOLF ACADEMY 2011, GC CECHIE Prague 8 ,Karlin, 12.04.2011, REGISTER HERE
BCC Day at the Races, Races Course Velká Chuchle, Prestige Club, Radotínská 69, Prague 5., 17.04.2011 REGISTER HERE
Tel: +420 224 835 163 / Fax: +420 224 835 162
- BCC Invitation to workshop Ethics at Lunchtime, 24 March 2011, Prague (quoracy.com)
- Chamberwatch: Invitation to BCC British Day at the Races, 17 April 2011 (quoracy.com)
- A Summer Prague (huliganov.tv)
- British-Czech Chamber in Brno and Baker Tilly Czech Republic offer Breakfast Briefing on Czech Tax (quoracy.com)
In most EU countries, the lower level of VAT applies to children’s clothing. In Poland, where the upper limit of VAT is 23% as of the beginning of 2011 and the lower is 8%, the latter only applies to babies’ clothing. (So-called “odziez niemowlecia” rather than “odziez dziecieca”)
The question then is at what age the cut-off should take place, and the answer given by the Polish Ministry of Finance is 86cm. So if you have a piece of clothing for a body length greater than 86cm, that’s no longer a baby and the price is a lot higher.
But the issue here, which is really an issue of equality and human rights, is that some people are simply built smaller than others. Is it right that these people should pay less and the larger people’s children should pay more? It’s true that there has been talk of charging obese passengers who cannot fit in their airplane seats punitive additional airfares, but innocent babes?
The ruling is even inherently racist – it is clear that some people, like the Masai people, have longer bodies whereas the Hottentots have shorter bodies. It’s perfectly feasible that the Hottentots could be benefitting from lower Polish VAT rates on their children’s clothing much longer than the Masai people can. Is that fair? Is that what we have achieved in this wonderful European Union – fiscal racial discrimination?
We do not have any choice as to whether or not we wear clothing, and we do not get any choice as to whether we are tall or short genetically. The time has come for all EU countries to make cotton and natural fibre garments 8% regardless of age, and synthetic fibre garments and mixes 23% regardless of age.
Please add your voice to the poll:
- European court sausage ruling poses VAT question (telegraph.co.uk)
- VAT rise: How to avoid paying too much tax (confused.com)