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VAT RATE CHANGE WILL AFFECT OSKAR’S PHONE BILLS ALREADY IN APRIL

26. April 2004

As from May 1, 2004, all Oskar services will be automatically subject to the lowered VAT rate of 19%. This change is a result of the approved amendment to the VAT Act, based on which the VAT rate reduction from 22% to 19% will apply also to telecommunication services. However, Oskar’s postpaid customers will benefit from the reduced VAT rate as soon as in April. All April usage on May invoices will be charged to customers at 19%. “Even though the reduced VAT rate isn’t effective until May 1, our customers will see savings already for April usage,“ says Petr Sindler, the spokesperson at Oskar.



As from May 1, 2004, all Oskar services will be automatically subject to the lowered VAT rate of 19%. This change is a result of the approved amendment to the VAT Act, based on which the VAT rate reduction from 22% to 19% will apply also to telecommunication services.

However, Oskar’s postpaid customers will benefit from the reduced VAT rate as soon as in April. All April usage on May invoices will be charged to customers at 19%. “Even though the reduced VAT rate isn’t effective until May 1, our customers will see savings already for April usage,“ says Petr Sindler, the spokesperson at Oskar.

As from May 1, the reduced VAT rate will apply to all calls, SMSs and other services used by Oskarta customers. Oskarta replenishment denominations will remain unchanged after May 1, 2004 as Oskar is going to keep its recharge voucher denominations of 500 and 1,200 Kc. In addition, denominations of 250 and 2,400 Kc are available for replenishments made via ATMs or mobile phones. “The reduction in VAT rate will allow our customers to enjoy 3% more of calls, SMS and all other services,“ adds Petr Sindler, spokesperson at Oskar.