On 11 October 2022, the MIT published a grant call Czech Rise Up 3.0 - Consulting for digital transformation of enterprises. The funding will be provided for the purchase of consultancy services - identification of processes (screening), their evaluation and proposals for solutions (setup/design)...
From 1 January 2023, the forthcoming amendment to the VAT Act will come into force. In addition to increasing the turnover threshold for registration, it should also adjust the penalties for control reporting.
The long-awaited draft amendment to Act No. 262/2006 Coll., Labour Code, as amended, and some other acts has been sent out for inter-ministerial comments. The amendment responds primarily to the alignment of Czech labour law with European directives, namely the Directive on work-life balance for...
In its judgment of 14 September 2022 (7 Afs 132/2022 -22), the Supreme Administrative Court confirmed that when assessing the costs incurred in connection with the reconstruction of a hayloft destroyed by fire, the identification of what was removed as a result of the insured event and whether...
Recently, the tax authorities have focused heavily on investigating business cooperation between mainly manufacturing companies and so-called "quasi" employment agencies. In this article, I would like to share with you the problems and pitfalls that such cooperation poses for the recipients of...
We have created a tax and accounting monitoring for you. A monthly summary of the most important legislative news, combined with an overview of information from state authorities, all in one place.
A prominent theme in recent times has been the rising cost of construction work, supplies and services, either due to shortages or rising prices of energy and other inputs. This situation complicates the implementation of public contracts, especially where contracts have already been concluded...
The flat-rate tax for self-employed persons is to undergo significant changes from 2023. The government's amendment to the Income Tax Act and related regulations is now in the Chamber of Deputies as Parliamentary Document 254, currently in its second reading.
In the following article, we provide an overview of some important changes in the area of payroll for employers. The first relates to the taxation of employees' income in connection with the private use of low-emission cars, and the next relates to the increase in travel allowances and the...