{"id":63786,"date":"2019-11-28T16:41:09","date_gmt":"2019-11-28T16:41:09","guid":{"rendered":"https:\/\/blog.hellotax.com\/blog\/?p=63786"},"modified":"2019-11-28T16:41:10","modified_gmt":"2019-11-28T16:41:10","slug":"czech-republic-rules-for-rounding","status":"publish","type":"post","link":"https:\/\/hellotax.com\/blog\/czech-republic-rules-for-rounding\/","title":{"rendered":"Czech Republic: Rules for rounding regarding VAT calculations, payments"},"content":{"rendered":"\n<p>The Czech authorities recently amended the VAT law to make the regulation for rounding clearer and to avoid the double rounding of cash payments.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/hellotax.com\/blog\/wp-content\/uploads\/2019\/11\/Czech-1024x536.jpg\" alt=\"\" class=\"wp-image-63787\" srcset=\"https:\/\/hellotax.com\/blog\/wp-content\/uploads\/2019\/11\/Czech-1024x536.jpg 1024w, https:\/\/hellotax.com\/blog\/wp-content\/uploads\/2019\/11\/Czech-300x157.jpg 300w, https:\/\/hellotax.com\/blog\/wp-content\/uploads\/2019\/11\/Czech-768x402.jpg 768w, https:\/\/hellotax.com\/blog\/wp-content\/uploads\/2019\/11\/Czech.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The VAT law in the Czech Republic was adapted to unify the amount of tax calculated (using both the top-down and the bottom-up calculation approach) and to eliminate the \u201cdouble\u201d rounding of cash payments when the first rounding concerns the calculated tax and the second one the total amount of the VAT payment. <\/p>\n\n\nNo content has been found here, sorry \ud83d\ude42\n","protected":false},"excerpt":{"rendered":"<p>The Czech authorities recently amended the VAT law to make the regulation for rounding clearer and to avoid the double rounding of cash payments. The VAT law in the Czech Republic was adapted to unify the amount of tax calculated (using both the top-down and the bottom-up calculation approach) and to eliminate the \u201cdouble\u201d rounding [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":63787,"parent":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"yes","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[5593],"tags":[],"class_list":{"0":"post-63786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-vat-compliance","8":"entry"},"acf":[],"modified_by":"Niki Stanev","_links":{"self":[{"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/posts\/63786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/comments?post=63786"}],"version-history":[{"count":0,"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/posts\/63786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/media\/63787"}],"wp:attachment":[{"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/media?parent=63786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/categories?post=63786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hellotax.com\/blog\/wp-json\/wp\/v2\/tags?post=63786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}