When it comes to personal income tax in the Czech Republic, not all taxpayers are required to make advance payments (so-called “zálohy”). Whether or not you need to pay prepayments…
When preparing the 2024 annual financial statements, Czech businesses must determine whether to compile them in full or abbreviated form. This decision depends on the category of the accounting entity…
The 2024 financial year is over and Czech businesses are preparing their annual financial statements. You should be aware of significant changes in accounting legislation that will impact their preparation.…
As part of recent legislative changes, a new provision—Section 6(9)(g) of the Income Tax Act (ZDP)—was introduced via a parliamentary amendment to clarify the tax treatment of certain non-cash benefits…
On 9 April 2025, the Senate of the Czech Republic approved a flexible amendment to the Labour Code aimed at increasing adaptability on the labour market. The bill now awaits…
Starting in 2024, the Czech Income Tax Act introduces updated rules for the taxation of gambling and lottery winnings. These changes affect both Czech residents and expats living in the…