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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 […]

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 […]

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 […]