Taxes
What to prepare for with introduction of JMHZ (part 3): sports and healthcare …
For the third month running, we are continuing our series of articles dedicated to selected employee benefits in connection with the planned introduction of the single monthly employer reporting (JMHZ) scheme. This time, we will focus on sports and…
GFD’s new instruction: penalty waivers of up to 100 percent
The General Financial Directorate's (GFD) Instruction D-72 on the waiver of tax accessories (tax-related penalties and interest) became effective on 15 September, responding to the amendment to the Tax Procedure Code in effect from 1 July 2025 that…
GFD clarifies employee benefit treatment
An accompanying law to the JMHZ that amends the Income Tax Act is currently awaiting the president's signature. The amendment clarifies the rules for providing employee benefits with the aim of preventing salary/bonus swaps. Following this new…
Single monthly employer reporting: questions for GFD and ministry representatives
Next year, employers will get to see fundamental changes in taxes and mandatory contributions. The dozens of prescribed forms and reports they now must use will be replaced by a single monthly employer report (JMHZ). With Director General of the…
JMHZ accompanying bill passed by chamber of deputies
On 10 September 2025, the chamber of deputies passed an accompanying bill to the Act on Single Monthly Employer Reporting (in Czech Jednotné měsíční hlášení zaměstnavatelů or JMHZ) reflecting the senate’s amending proposals.
Accompanying law to JMHZ brings changes to R&D allowances
The entry into force of the new law accompanying Single Monthly Employer Reporting (in Czech Jednotné měsíční hlášení zaměstnavatele or JMHZ) will introduce changes to the administration agenda of employers and to the Income Tax Act. Particularly…
Financial administration’s view of 2024
The annual Report on the Activities of the Financial and Customs Administration provides an overview of the results of tax and customs administration for the past year.
Pre-school and school fees as employee benefits
We are continuing our series of articles focusing on the introduction of Single Monthly Employer Reporting (in Czech Jednotné měsíční hlášení zaměstnavatele or JMHZ) from the perspective of selected employee benefits that may be subject to JMHZ.…
Czech top-up tax: senate approves extension of deadlines
The senate has discussed and approved an amendment to the Act on Top-Up Taxes that extends the deadlines for the first-time filing of Czech top-up tax information returns and tax returns. The amendment was forwarded to the president for signature,…
Public country-by-country reporting quickly approaching - Czech companies running…
Major Czech corporate groups and Czech companies operating within large multinational corporate groups are facing a new challenge. They will have to disclose sensitive financial information under the EU Directive 2021/2101 as early as 2025. Until…
Changes to tax depreciation of photovoltaic power plants
In connection with the amendment to the Energy Act, changes have been made to the tax depreciation of photovoltaic power plants. On 1 August 2025, the special method of depreciating these plants or their technological parts under the Income Tax Act…
GFD information on reduction of VAT deduction for bad debts
At the beginning of July, the General Financial Directorate (GFD) issued its information on the correction of a VAT deduction for overdue receivables on a debtor's part, explaining the practical application of the new provision of Section 74b(3) of…