News
Austerity tariffs for gas and electricity – what about VAT?
The austerity tariff for households that the government has prepared in response to skyrocketing energy prices will be reflected in legislation as an amendment to the Energy Act. Details on the provision of a contribution for energy payments are set out in the related government decree. Below, we are providing more detailed information on possible VAT implications.
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Andy Hunder, AmCham Ukraine visiting AmCham Czechia: The government and business community in Ukraine are ready to tell the world the time to return is now
Andy Hunder, President of the American Chamber of Commerce in Ukraine, and Roman Waschuk, Ukraine's Business Ombudsman, visited AmCham Czechia's office last week to inform members of the present and future of Ukraine's economy.
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The new regulation has increased travel allowances and meal contributions
As of 20 August 2022, the Decree of the Ministry of Industry and Trade No. 237/2022 Coll. became effective, which amends Decree no. 511/2021 Coll., modifying the rate of basic compensation for the use of road motor vehicles and meal allowances and determining the average price of fuel for the purpose of providing travel allowances, as amended.
Talent Shortage 2022: Lack of employees with the necessary profile
ManpowerGroup has released the results of its annual Shortage of Employees with the Right Profile survey, which focuses on how challenging it is for employers to fill their vacancies and which profiles are the most difficult to fill.
The survey, conducted in May 2022, found that 49% of Czech employers are struggling to fill their vacancies. Large employers (250+ employees) face the most talent shortages, with 57% reporting that they cannot find enough suitable candidates in the long term, while 48% of small companies (10-49 employees) and 47% of medium-sized companies (50-249 employees) face talent shortages. Micro firms (up to 10 employees) report the least problem with a lack of suitable candidates (42%).
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.