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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

Most read

How the minimum levy for self-employed workers will increase in 2025 Personal income tax
Marek Toráč
| 4 min read | December 3, 2024
Renewable Sources in Germany Covered a Record 58% of Electricity Consumption in the First Half of the Year New energy | Advisory
4 min read | July 21, 2026
Supreme Administrative Court: Limits on Monitoring Electronic Communication Labour and Immigration Law | Legal
Tomáš Kreisl
| 3 min read | July 21, 2026
Waste-to-Energy (WtE) in the Czech Republic: Record Incineration, New Capacities, and Future Challenges Circular economy
Jakub Malý
| 5 min read | June 29, 2026

All articles

Taxation of income on grounds of some financial support within the state of emergency COVID-19

As a result of the pandemic situation, we are unfortunately all limited daily by government measures, which are sometimes frustrating for us. It is necessary...

Roman Burnus
Marek Toráč
| 5 min read | March 23, 2021
Financial Administration has begun to pay a new compensation bonus COVID-19

Financial authorities began to pay a new compensation bonus of CZK 1,000 per day on 16 March 2021. It can be requested retrospectively from 1 February until...

2 min read | March 23, 2021
Cash flow in practice or what it means and why we should compile it COVID-19

In this article, we will focus on the cash-flow statement (further in the text as “ CF ”), which gives an overview of financial and investment processes and...

12 min read | March 23, 2021
Digital tax being considered again International Taxes Advisory

In the middle of March, the finance minister negotiated with representatives of other EU countries at the informal Ecofin video conference, discussing mainly...

2 min read | March 23, 2021
Luncheon vouchers vs flat-rate contribution for meals Tax & Accounting

From January 2021, the Czech legislation has enabled providing tax-advantaged meals to employees not only by means of canteens or luncheon vouchers, but also...

Miroslav Bleha
| 7 min read | March 9, 2021
Another General Pardon Tax & Accounting

On 8 March 2021, the government approved another, i.e. 16 th , general pardon by the Minister of Finance, which postpones the deadline for filing tax returns...

2 min read | March 9, 2021
Differences in account keeping according to IFRS vs CAS, part 2 Audit

In the first part of the article, we discussed the general approaches to account keeping and financial reporting according to the Czech and the international...

12 min read | March 9, 2021
A Shortened Deadline for Requesting a Refund of 2020 VAT from Great Britain Tax & Accounting

We would like to inform you that VAT payers who wish to request, pursuant to Section 82 of the VAT Act, their refund of 2020 VAT paid in the United Kingdom...

2 min read | March 9, 2021
A Reduced Waste VAT Tax & Accounting

Effective 1 January 2021, the VAT rate charged on municipal waste recycling has been reduced from 21% to 15%. The new item, CZ-CPA “38.3 - Municipal Waste...

6 min read | March 9, 2021
Online financial office launched Tax Audit

On 28 February 2021, the Finance Ministry launched the online financial office . It should be possible to handle all of one’s tax obligations here, without...

3 min read | March 2, 2021
COVID Program – RENT III COVID-19

On 5 February 2021, the Ministry of Industry and Trade launched the third call of the COVID Program - Rent. There have been several major changes that expand...

Lukáš Zahrádka
| 5 min read | February 23, 2021
Limitation of Deductibility of Excessive Borrowing Expenses – New Anticipated Information of the General Financial Directorate Tax & Accounting

In 2019, Council Directive (EU) 2016/1164 of 12 July 2016 laying down rules against tax avoidance practices (ATAD) was transposed into Czech tax legislation....

Petra Vaněčková
| 9 min read | February 23, 2021
Rules for Profit Payments in 2021 Legal

The amendment to the Business Corporations Act brings, among other things, some changes in the rules that concern the distribution and payment of a share in...

Veronika Odrobinová
| 10 min read | February 23, 2021
New rules for travelling from 5 February 2021 COVID-19

Due to the unfavourable development of the pandemic and worries about the spreading of new mutations of the coronavirus, new rules for travelling to the...

3 min read | February 9, 2021
Non-current assets – anti-crisis measures COVID-19

As we have already informed you, as of 1 January 2021, anti-crisis measures relating to non-current assets took effect with the amendment of act no. 609/2020...

7 min read | February 9, 2021
Waiver of VAT on respirators, tests and vaccines COVID-19

On 16 December 2020, the government approved a temporary waiver of value added tax, which will last until 31 December 2022, for the following:

4 min read | February 9, 2021
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