As a result of the so-called “flexible amendment” to the Labour Code, significant changes in the area of labour law will come into effect from 1 June 2025. Their essence is mainly to strengthen the legal position of the employee as the weaker contracting party, specifically with regard to the work-life balance. Salary in […]
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Starting January 2025, working pensioners are entitled to a social insurance discount of 6.5% of their assessment base. This change is part of the pension reform and replaces the previous system of increasing pensions for days worked, which was abolished as of December 31, 2024. The original system provided only a 0.4% increase for every […]
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1st area of change: performance agreements A number of changes relate to work performance agreements. As from 1 October 2023, employees working under a work performance agreement are entitled to additional payments for working on rest days and public holidays. The threshold of CZK 10,000 from which social security and health insurance is deducted from […]
...Dear Clients, We would like to offer you information that may help you in dealing with the situation. First, we would like to remind you of the general provisions: Pursuant to Section 102(1) of Act No. 262/2006 Coll., the Labour Code, the employer is obliged to create a safe and health-safe working environment and working […]
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Here is an overview of the changes planned for 2019: 1.Advances in 2019: In 2019, the average wage will be 32,699Kč (calculated base 30156Kč * coefficient 1.0843Kč) This amount has therefore increased by 2720Kč compared to 2018. Social insurance: The decisive income is increased to the amount of 3000Kč, it is a new limit of […]
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Dear clients, We would like to remind you that in connection with the 4th AML Directive (4th Anti-money laundering EU Directive), Amendment No. 368/2016 Coll. to Act No. 253/2008 Coll. on certain measures against the laundering of the proceeds of crime and terrorist financing has been adopted. The changes introduced by this amendment were also […]
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References are probably very important for every company and also for our accounting firm, which is very much involved in the IT field. To get a good reference and be competitive in the market you need several things: A quality team that is knowledgeable, helpful, thoughtful, etc… Quality and modern technology to work on -A […]
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Bank accounts will be operated from one application Banks have been preparing for this innovation for several months… But according to experience from abroad, it is expected that independent applications will be more successful with users than bank applications… Let’s see who will absorb the most users and bring the best comfort in controlling multiple […]
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On 14 February 2017, Act No. 33/2017 Coll. was published in the Collection of Laws, amending Act No. 235/2004 Coll., on Value Added Tax, as amended (hereinafter referred to as the “VAT Act”). As a result of this legislative change, the VAT rate for newspapers and magazines is reduced from 15% to 10%.
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