Payroll

Changes in rules for taking and carrying forward holiday

27.8.2018

This issue of our newsletter brings more details about the planned changes relating to taking and carrying forward holiday. Current rules governing carrying forward unused leave from one calendar year to another allow employees to carry forward holiday that the employees were unable to take due to their incapacity to work, maternity or parental leave, […]

Více

Insufficient capacity? The solution is payroll outsourcing

31.5.2018

You may be now facing the same problem as many other employers: insufficient capacity and substitutability of your employees, or finding and training of new employees. Unemployment in the Czech Republic has been at its lowest level for many months. As a result, HR management issues have become more and more uncomfortable for companies. For […]

Více

New developments in payroll-related matters in 2018

18.1.2018

Dear clients, We provide you with a brief overview of changes and new developments in payroll effective in 2018. Minimum wage increased The minimum monthly wage for full-time employment has been increased from the current CZK 11,000 to CZK 12,200 and the minimum hourly wage has been increased from CZK 66 to CZK 73.20. Maximum assessment basis […]

Více

Minimum wage in 2018

11.12.2017

Czech government has approved a motion proposed by the Ministry of Labour and Social Affairs that will increase the minimum monthly wage from the current amount of CZK 11,000 to CZK 12,200 with effect from 1 January 2018. This amount applies to work within the scheduled weekly working time of 40 hours, i.e. to full-time […]

Více

Paternity leave – a new sickness insurance benefit

28.8.2017

On 1 February 2018 an amendment to the Sickness Insurance Act will come into force that has introduced one-week paternity leave for new dads. We have more details for you below. Fathers will become entitled to paternity leave if their baby is born within six months before the effective date of the amendment, i.e. on […]

Více

Overtime – when it applies and how it is paid

14.6.2017

Today’s issue of our newsletter brings information about overtime work. When employees become entitled to compensatory time off and how are they paid? We bring you detailed information about records of and payments for overtime work. Overtime work is work performed by an employee beyond the regular schedule. Employers may order employees to work overtime […]

Více

Compensation for damage caused by an employee

10.4.2017

This issue of our newsletter is to inform you about employer rights in situations when they incur damage caused by an employee. Under the Labour Code, employees are required act in order to prevent the occurrence of any property damage or non-pecuniary loss or unjust enrichment. If there is a risk of damage or non-pecuniary […]

Více

Payroll changes in 2017

31.1.2017

Taxation of income from employment Child tax credits for a second, third and subsequent child are to be increased. The amendment approved by the Chamber of Deputies is yet to be approved by the Senate and the President. The tax credit for a first child will remain the same, i.e. CZK 13,404 per year (CZK […]

Více

Small-scale employment

17.10.2016

Small-scale employment is deemed to mean employment with a monthly income agreed below CZK 2,500 or employment where no monthly income has been agreed and the employee does not achieve a monthly income of CZK 2,500. Thereby the employee does not meet the requirements for participating in sickness insurance, is not listed in the register of […]

Více

Dependent child tax credits for personal income tax payers in 2016

17.8.2016

Dear Reader, Today’s issue introduces the amendment to the Income Taxes Act (No. 125/2016 Sb.) which took effect on 1 May 2016. The amendment has introduced changes to child tax credits. So what are the current rates? The amendment increases the tax credit for a second child by CZK 100 per month (with the annual […]

Více