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"Švarcsystém": Navigating an Environment of Diverging Rules Payroll agenda

The debate regarding so-called "Švarcsystém" has been a recurring theme in the business environment for decades. It describes situations where a...

Marek Toráč
Anna Beránková
| 4 min read | May 5, 2026
Instructional Videos for JMHZ on the CSSZ ePortal Payroll agenda

In response to the increasing number of inquiries regarding the Unified Monthly Employer Report (hereinafter " JMHZ "), the Czech Social Security...

Marek Toráč
Anna Beránková
| 2 min read | May 5, 2026
GT Verdict: Sport is Built on Fair Play—But What About Finance? Verdict

In sports, we generally assume that everyone plays by the rules. This trust is a natural part of the game, much like the fact that everyone on the field...

Peter Burnus
| 5 min read | April 27, 2026

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How the minimum levy for self-employed workers will increase in 2025 Personal income tax
Marek Toráč
| 4 min read | December 3, 2024

All articles

Czech tax residents had over 848 billion in foreign accounts International Taxes Advisory

The General Financial Directorate (GFD) recently published information on the number of Czech tax residents – individuals with accounts abroad and their...

3 min read | October 6, 2022
New reporting obligation for digital platforms (DAC 7) has been approved by the Chamber of Deputies Advisory

On 30 September 2022, the Chamber of Deputies of the Czech Republic approved an amendment to the Act on Administrative Cooperation in the Field of Taxes. It...

3 min read | October 4, 2022
Tax arrears will become more expensive as a result of the rising CNB repo rate Tax Audit

With effect from 1 January 2021, we welcomed the amendment to Act No. 280/2009 Coll., the Tax Code, which reduced interest on late payment of tax arrears.

6 min read | September 27, 2022
Amendment of the Beneficial Ownership Registration Act Legal

At the beginning of June, in response to the requirements of the European Commission (“the Commission”), the government of Petr Fiala approved a draft...

Veronika Odrobinová
| 5 min read | September 27, 2022
End of added value for investment incentives Advisory

In early September 2022, the Government of the Czech Republic prepared a draft Government Decree amending Government Decree No. 221/2019 Coll., on the...

Petr Němec
| 6 min read | September 27, 2022
Valorisation of the non-deductible amounts and the unseizable minimum, for the third time this year Tax & Accounting

Due to rising inflation and the subsequent increase in prices, the non-deductible amounts, the unseizable minimum and other parameters of enforcement...

Roman Burnus
| 4 min read | September 27, 2022
Energy price compensation and the sustainability trend Conflict in Ukraine

From the perspective of the energy market, many companies face several challenges today, as well as threats. A fundamental transformation is underway across...

Jiří Dvořák
| 6 min read | September 27, 2022
Anti-bureaucratic package on wages Tax & Accounting

On 31 August 2022, the Government approved a set of twenty measures to reduce the bureaucratic burden on entrepreneurs, tradesmen and citizens. This will...

Roman Burnus
Marek Toráč
| 4 min read | September 27, 2022
The deadline for VAT refunds from other EU countries is approaching Tax & Accounting

If you paid local VAT in 2021 on goods or services purchased in an EU country and you use such supplies for your business, you can claim a VAT refund. The...

Richard Knobloch
| 3 min read | September 22, 2022
Case Law Taxation of wages paid illicitly Tax & Accounting

The Supreme Administrative Court (hereinafter the SAC) dealt with an appeal in cassation between an plaintiff (ADL PRANA s.r.o.) and a defendant (the...

Roman Burnus
Marek Toráč
| 3 min read | September 22, 2022
Amendment to the Labour Code Tax & Accounting

On 12 September 2022, the government draft amendment to Act [1] No. 262/2006 Coll., the Labour Code, as amended (hereinafter “the Labour Code”) was...

Veronika Odrobinová
| 9 min read | September 22, 2022
Hydrogen is unavoidable Energetics

Energy self-sufficiency and reducing dependence on Russian fossil fuels is currently the number one priority and the topic of hydrogen as one of the possible...

16 min read | September 14, 2022
Reporting obligation under DAC 6: news and clarifications from the GFD International Taxes Advisory

The General Financial Directorate has published an addition to the frequently asked questions and answers in relation to the reporting obligation on...

Zuzana Kalincová
| 7 min read | September 13, 2022
Disclosure of financial statements - what happens if I do not disclose? Audit of financial statements

Financial statements are a set of documents that an entity prepares primarily as of its balance sheet date. Article 18 of Act No. 563/1991 Coll. on...

7 min read | September 13, 2022
War Tax or Exceptional Gains Tax: who is at risk? Conflict in Ukraine

Government parties are currently discussing the possible introduction of a special tax targeting windfall or extraordinary profits. According to the...

3 min read | September 13, 2022
When not to pay out profit Legal

In our previous articles, we introduced you to the rules for profit distribution . In this article, we will continue the topic by looking at situations, in...

Veronika Odrobinová
| 5 min read | September 13, 2022
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