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Latest news - November 2017

Last month’s tax and legal news in a few sentences.

  • Notice of the Ministry of Labour and Social Affairs No. 349/2017 Coll., prescribing the reduction limits to adjust daily assessment bases for sickness insurance in 2018, has been published in the Collection of Laws.
     
  • Notice No. 346/2017 Coll., on the binding template for the confirmation of a jobseeker’s temporary inability to fulfil a jobseeker’s obligations owing to sickness or accident and on a binding template for the confirmation of the jobseeker’s medical treatment at a health facility, has been published. 
     
  • Government Decree No. 343/2017 Coll. prescribes the following: the general assessment base for 2016, conversion rates to adjust the general assessment base for 2016, reduction limits to determine the calculation base for 2018, basic retirement pension amounts for 2018 and pension increases in 2018. The data specified in the decree affect not only the amount of retirement pensions granted from 1 January 2018 but also the maximum assessment base for mandatory contributions to the social security scheme. The average wage set for 2018 is CZK 29 979 and the maximum assessment base for contributions to the social security scheme for 2018 is CZK 1 438 992. The respective data will also affect the minimum amount of social security and health insurance prepayments paid by self-employed persons as well as the monthly income giving rise to participation in sickness insurance.
     
  • An amendment to the Act on Employment, covering the employment of persons with disabilities, mediation of employment by the labour office and requalification, was published in the Collection of Laws under no. 327/2017.
     
  • The financial administration draws attention to new prescribed forms for income tax on employment for the 2018 taxable period.
     
  • The financial administration published a Notice for the Payers of Tax on Income from Employment Relating to the Employees’ Payroll Tax Statements, in which it draws attention to the fact that under new regulations employees will also be allowed to submit and sign their payroll tax statements (to claim tax credits) electronically.
     
  • The president signed amendments to laws associated with the adoption of the Act on Payment Services, one of which is an amendment to the VAT Act, setting requirements for the content of VAT ledger statements. 
     
  • In compliance with an amendment to the budget rules, signed by the president, the Administrative Procedure Rules will be applied when providing subsidies and refundable financial assistance from the state budget.
     
  • Under an amendment to the Anti-Discrimination Act, signed by the president, the Public Defender of Rights Office will monitor whether foreign nationals from the EU countries are not discriminated against in the Czech Republic owing to their foreign nationality.