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News

14

Sep

Tax News and News in Tax-Related Areas

Increased reimbursements of travel expenses Effective 20 August 2022, Decree No. 237/2022 Sb. of the Ministry of Labour and Social Affairs increases meal allowances which employees have a right to…

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20

Jun

Tax news and news in related areas

ROAD TAX NEWS Abolition of road tax on vehicles under 12 tonnes Act No. 142/2022 Sb., published recently in the Czech Collection of Laws, has significantly amended the Road Tax Act…

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03

Mar

Income Taxes: Changes in 2021

In 2020, amendments of the Income Taxes Act were passed. The changes came into effect on 1 January 2021. However, the changes regarding depreciation of assets may be applied retroactively,…

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02

Apr

VGD News April 2020

Dear business partners, On 24 March, 2020 the Ministry of Finance has announced in their Financial Bulletin no. 5/2020 a decision about remission of tax accessories, tax advances and administrative fees due…

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31

Mar

Czech Covid-19 response

Corporate and Personal Income Tax The late filing of the corporate income tax return and personal income tax return and payment of the resulting income tax which was due on…

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05

Jun

2019 Tax Packet: Part 1

In March 2019, the so-called “tax packet” was adopted, amending ten (mainly) tax laws. A substantial part of the tax packet became effective 1 April 2019; however, some changes will become effective…

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09

Apr

Amendment of business corporations act

Five years have passed since Business Corporations Act came to effect, Act that has replaced Commercial Code and newly governs internal legal relations within Companies. After initial sprint to submit companies under newly…

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09

Apr

Amendment to the Labor Code

With effectiveness of 1st July 1, 2019 the employees will receive wage compensation even during the first three days in case they are temporarily unfit to work. The amount of wage compensation…

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VGD Group

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CLA Global

VGD Czech Republic has become a member of CLA Global, a leading global organization comprised of independent accounting and advisory firms. This allows us to provide our professional services worldwide.

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