Within the so-called tax package (Act no. 80/2019 Coll.) some stipulations of the income tax relating to taxation of individuals have also been adopted.
Lump-sum expenses for freelancers and individuals with rental income have been increased again effective from 2019 tax year. The maximum limit of expenses, which an entrepreneur can apply as flat expenses, will thus again be calculated from the amount of CZK 2m as before the year 2018. The percentage of the flat rates (30 % – 80 %) depending on the type of self-employed activity or income from rent remains unchanged. It will be possible to apply this new maximum amount of lump-sum expenses for income achieved in the year 2019, i.e. in the tax return submitted in the year 2020.