Articles

After you file a tax return, the process does not always end immediately. The Czech Tax Office, or Finanční úřad, may accept the return without any questions, refund an overpayment, ask for clarification, require a correction, or start a more detailed review. The most important thing in this situation is to understand what exactly has...

Under Czech tax law, a tax loss (daňová ztráta) is a legitimate instrument for optimizing tax liabilities. A proper understanding of how the mechanisms of its creation and application work allows businesses to offset financial losses from prior or future periods. In this article, we will examine in detail: The Concept of a Tax Loss...

The tax filing season is now in full swing in the Czech Republic. If you were planning to submit your tax return on paper, that deadline has already passed — the cutoff was April 1, 2026. But do not panic. Those who missed it, as well as business owners with a data box, can still...

The beginning of 2026 marks the start of the main reporting phase for personal income tax regarding the 2025 fiscal period. The current fiscal strategy of the Czech Republic relies on the principles of deep digitalization and increased control over the transparency of financial operations. For taxpayers, this entails the simplification of several formalities but...

Act No. 323/2025 Coll., effective from 2026, is fundamentally changing the rules for all Czech employers. The main update is the transition from old paper and fragmented electronic paperwork to a Unified Monthly Employer Report (JMHZ — Jednotné měsíční hlášení zaměstnavatele). Let’s break down how this will affect your business and why making a mistake...

Self-employed individuals in the Czech Republic love the flat-rate tax regime (paušální režim) for its sheer simplicity. You pay a single monthly sum and completely skip the hassle of paperwork and tax returns. However, this convenience can become a headache if your circumstances change—for instance, if you decide to take on regular employment alongside your...

From 1 January 2026, new values for key calculation parameters came into force in the Czech Republic. In practice, this means business owners and accountants need to update their payroll settings, review the limits that apply to different contract types, and adjust the rules for business trips, meal allowances, and compensation for remote work. Below,...

Starting in 2026, self-employed individuals (OSVČ) in the Czech Republic will face higher minimum contributions to social insurance (sociální pojištění) and health insurance (zdravotní pojištění). The monthly payment under the simplified flat-tax regime (paušální daň) will also change. Increase in mandatory contributions Compared to 2025, the total minimum monthly contributions will increase by 1,124 CZK....

Key takeaways A bank account in the Czech Republic can be restricted or blocked because of enforcement proceedings (exekuce), decisions by public authorities, the bank’s internal AML/KYC checks, or transactions that look unusual or risky. The best prevention is simple transparency: keep documents proving the source of funds, do not ignore the bank’s requests, separate...

The calendar is prepared for individuals, sole traders (OSVČ), and legal entities. It includes the key deadlines for filing returns and paying taxes. Dates are calculated in line with the rules of the Czech Financial Administration (Finanční správa ČR). Each month provides a list of obligations showing the date, the tax type, who it applies...

In previous publications, we explained how VAT works for sales in the B2B and B2C formats. The next important element of the EU VAT system is the transfer of a company’s own goods between member states. This is an operation that often raises questions and, if accounted for incorrectly, can lead to VAT errors. What...

In the previous article, we looked in detail at what happens with VAT when a Czech company sells goods to final consumers who are not VAT payers in the EU (the B2C segment, distance sales, the OSS scheme, and so on).Now we move on to the other half of the picture, B2B sales, meaning supplies...