GT News

In a recent judgment, the Supreme Administrative Court (SAC) expressed its opinion on the question whether income from the rental of an unmanned aircraft can...

In today’s article, we would like to draw your attention to two interesting recent rulings on the issue of tax deductions for investment incentives.

We would like to briefly inform you about the latest developments in the area of top-up taxes.

Short-term rentals, which have seen a surge in popularity in recent years, are an increasingly important part of the tourism industry. The growth of this...

The Income Tax Act has undergone significant changes as part of the amendments associated with the consolidation of public budgets, particularly in the area...

For the year 2024, the Ministry of Labour and Social Affairs has set a new flat-rate reimbursement amount for telework. With effect from 1 January 2024, home...

As of the new year, the consolidation package has unified the tax regime for all types of employee meals, i.e. contributions in monetary and non-monetary...

From 1 January 2024, the institute of payers’ cash registers will be abolished and the rights and obligations will be transferred to their founders. The...

Our partner Jan Zajíček focused on the key aspects of cybersecurity in a discussion of the NIS2 Directive for the weekly Týdeník Ekonom. He emphasized that...

At the end of last year, four calls were announced under the RES+ programme, through which the Modernisation Fund distributes funding for the construction of photovoltaic power plants throughout the Czech Republic.

As we have already informed you in the past, as of 1 January 2024 there will be changes in the concept of taxation of employee benefits. Just before Christmas, the Financial Administration issued important methodological information on these changes, which is expected to set the record straight on various uncertainties and controversial areas brought into practice by the amendment to the Income Tax Act in connection with the consolidation package.

With the adoption of the consolidation package, many changes have been made to the Income Tax Act, which we have already summarised in our article here .

On 14 December 2023, the President signed a bill amending Act No. 435/2004 Coll., on Employment, as amended, and other related acts. The amendment is thus likely to enter into force as early as 1 January 2024.

The amendment to the Investment Incentives Act, which we have already informed you about, is currently awaiting publication in the Collection of Laws. The President signed it on 14 December 2023. The amendment can be expected to take effect at the beginning of 2024.

The amendment to the Labour Code brought with it a long-awaited update of the provisions on the delivery of documents between the employee and the employer. This novelty was eagerly awaited especially by employers with a large number of employees, who already relied on electronic communication to a large extent before the amendment – and were in legal uncertainty.

The real estate tax, too, has not escaped changes under the consolidation package, which will come into force on 1 January 2024.