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Breaking through the chaos: How to effectively map and optimize the closing process in the company?

21.12.2023
For many companies, the closing process is an annual challenge and test of nerves. However, there are also companies that manage this activity with ease. And that’s thanks to carefully set processes and reliable systems. Unresolved issues of competence and responsibility of the persons involved, or the continuity of individual activities are a frequent reason […]
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The president has signed the consolidation package. What does it mean for VAT?

28.11.2023
Here is the next part of our basic overview of the most important things that the consolidation package brings from 1 January 2024 in terms of taxes. We’re continuing in what we discussed in our previous tax newsletter, this time with a focus on VAT. Rate changes The amendment abolishes the second reduced VAT rate […]
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What the “Consolidation Package” Has Brought Us in Terms of Taxes, or Still Wine in Tax-Deductible Expenses for the Last Time

27.11.2023
Here is a basic overview of the most important things that the consolidation package brings from 1 January 2024 in terms of taxes. We are thus following up on our payroll updates. Restrictions on exemptions for sales of securities and transfers of shares As we advised this spring, the consolidation package introduces taxation of income […]
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What has the “consolidation package” brought us in the area of wages?

22.11.2023
In our latest newsletter, we therefore provide you with a basic overview of the most important elements of the consolidation package, with a number of the measures coming into force on 1 January 2024. Some of the measures that are due to come into force at a later date have not yet been finalised. We […]
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RSM has completed the acquisition of Alfa Software and aims to become the Czech leader in payroll and HR solutions

2.11.2023
The RSM consulting company is expanding, once again thanks to the acquisition of a software solution for payroll processing and HR management. Together with Alfa Software, RSM has acquired more than 2,000 clients and expanded into new segments. Until now, the company focused on the development of HRIS solutions for medium-sized and large commercial companies […]
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The amendment to the Labour Code enters into force on October 1 – are you ready?

29.9.2023
AMENDMENT TO THE LABOUR CODE – WHAT TO PREPARE FOR On 12 September 2023, the Chamber of Deputies approved an amendment to Act No. 262/2006 Coll., the Labour Code, in its original wording. Two Senate amendments failed to pass. The amendment was signed by the president and published in the Collection of Laws on 19 […]
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Functional Currency: A New Approach in Czech Accounting

27.9.2023
The possibility of keeping accounts and paying taxes in a foreign currency has been discussed for some time. According to the original plans, it was to be introduced in the new Accounting Act, which won’t, however, come into effect until 1 January 2025 at the earliest. Rather surprisingly, however, the concept of a “functional currency” […]
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The government’s consolidation package and currently proposed changes in wages

6.9.2023
The governing coalition has been intensively discussing, for several months now, the form of the so-called consolidation package, i.e. a set of austerity measures to support the recovery of public finances. All should come into force in January 2024, but the final form of the individual measures is still uncertain. In our latest newsletter, we […]
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Kickstart a digital revolution in your business with us: New opportunities in the MIT – Digital Enterprise Call

3.7.2023
Technology has become a core part of business, promising greater efficiency, competitiveness and innovation. Companies must be willing to embrace technological changes and evolve with them. The aim of the new call of the Ministry of Industry and Trade is to subsidise the digital development of SMEs through the purchase and implementation of advanced digital […]
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Learn What ESG Means with Us

30.6.2023
ESG in a Nutshell The importance of ESG has been steadily growing across all sectors lately. But do you know what the three letters stand for? E is for environmental S is for social G is for governance These are in essence the three core areas that can be used to express the level of […]
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