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Complete overview of funding programmes – updated

16.6.2020
Do you know what the real options for receiving funding from programmes related to the measures taken against COVID-19 are?  We have prepared for you an updated overview of which funding programmes are available for entrepreneurs and what their current status is: COVID II programme The first round of applications for the COVID II Guarantee […]

State to Waive Social Security Payments by Businesses of up to 50 Employees

4.6.2020
We would like to let you know about another quick change presented by the Czech Government as part of its campaign to help small businesses. The state will waive social security payments for June, July and August 2020 by small companies of up to 50 employees. Conditions for Waiver of Payments The employers who intend […]

Tax Code Amendment Ultimately Not Adopted with Only Three Votes Short

6.5.2020
We will have to wait a little bit longer because easier electronic communication with the Tax Office and management of our tax accounts is still to come. The Chamber of Deputies was only three votes short of adopting the amendment to the Tax Code. At the same time, however, the subtle extension of the deadline […]

Marta Rosová Returning to RSM as Head of Nugget SW Payroll Software Team

27.4.2020
On 22 April 2020, Marta Rosová becomes Head of Nugget SW and will be in charge of our last year’s acquisition, i.e. product development, business strategy and team management of the Nugget SW payroll software team. Marta Rosová graduated from the University of Economics in Prague, majoring in Accounting and Finance, and a two-year postgraduate […]

Economy in hibernation and cost of financing

27.4.2020
This newsletter loosely follows our previously published comment concerning the development of real estate prices in the context of the economic downturn, with a specific focus on the impact on what are called Prime Yields. In this article, we complete our view with the possible development of the cost of the financing of real estate […]

Coronavirus and Real Estate

22.4.2020
What impact can the coronavirus have on the valuation of commercial real estate? Having hit almost all areas of the Czech economy, the COVID-19 pandemic is, without doubt, one of the main and hottest topics. Having paralysed business activity, put the lid on a number of manufacturing plants, stopped tourism, and shut down restaurants and […]

How can you apply for Antivirus subsidies?

15.4.2020
In today’s issue of our newsletter you will find information on how to draw subsidies from the Antivirus programme, which was launched in the first week of April with the aim of protecting jobs.  Employers may apply at the Employment Office for a contribution to the wage compensation paid to employees from 12 March to […]

Possible employment modes caused by quarantine or emergency measures related to the spread of COVID-19

30.3.2020
You are currently asking us a lot of questions about the numerous variants of employee absence as a result of quarantine or emergency measures related to the spread of COVID-19. For this reason, we have prepared for you the following summary, which we will keep updating as the situation evolves: Employment support programme The government […]

Extraordinary tax measures in response to the spread of coronavirus in the Czech Republic II

26.3.2020
Below is a list of the new series of measures relating to income taxes, VAT and real estate acquisition taxes which have already become available to all taxpayers, and of measures which will become effective as soon as the related Act is amended. 1. Already in effect: Prepayments on individual and corporate income tax due […]

Tomorrow is the first spring day! We should cherish the little moments! Zítra máme první jarní den! Je třeba radovat se z maličkostí!

19.3.2020
Dear RSM Clients, Tomorrow is the first spring day. It has become a tradition that we send you a small greeting on this day. Even this year, we were ready to delight you with a spring flower. However, given the current situation in our country and around the world, we found it inappropriate and irresponsible […]