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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.

The Ministry of Labour and Social Affairs (MoLSA) has prepared a draft government decree that promises an increase of the minimum wage to CZK 18,900. The government gave its final approval to the draft on 13 December 2023.

Since December, all types of pensions can now be applied for online, without visiting the office in person. The Internet service “Pension Application Online” has been introduced on the CSSA portal, where all insurance periods and information recorded by the CSSA are automatically loaded to the applicant after electronic identification. Applicants then only need to fill in the missing information and supporting documents. The client can also save an application in progress and return to complete it later.

It is the end of the year again and employers and employees are considering what to do with leave not taken. We have decided to prepare a summary of basic information on the topic.

In today’s article we would like to focus on the topic of social events from the perspective of income tax, in connection with the Advent time, which is usually a period of client and employee Christmas parties.

In its judgment of 20 July 2020, Case No. 21 Cdo 3955/2018, the Supreme Court concluded that irrespective of the region, where employees perform their work, and its social and economic conditions (e.g. housing costs, transport costs), employees performing the same work or work of equal value are entitled to the same remuneration. This means that a driver working for the Czech Post in Olomouc is entitled to the same pay as a driver doing the same job for the Czech Post in Prague.

With the year coming to its end, information on grant calls planned for the coming year is gradually being published. We have prepared an overview of the most interesting calls aimed at supporting entrepreneurs, which are expected to be announced during the first quarter of 2024.

Czech VAT payers who are not established or registered for VAT purposes in the UK can apply for a refund of the VAT they have paid in the course of their economic activity there until the end of this year. This is VAT paid in the UK for the period of 1 July 2022 to 30 June 2023.

Největší evaluace za 10 let. Jsme hrdí, že naše výstupy posunují klíčovou debatu o politice soudržnosti EU, říká Lukáš Maláč