• Service: Tax, Global Indirect Tax, Global Mobility Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 11/13/2013

Czech Republic - Changes concerning tax, insurance premiums for employees 

November 13:  Employers will need to prepare for changes to rules relating to the taxation and insurance premiums for employees—changes that are effective in 2014.

Employees subject to the “solidarity tax surcharges” in 2013 cannot be provided with a year-end tax settlement by their employers, but instead, employees will have to file their own income tax return.

Also, there are changes to the social and health insurance premiums for 2014, and beginning 1 January 2014, employers must only communicate with social security administration authorities using electronic means.

Read a November 2013 report [PDF 422 KB] prepared by the KPMG member firm in the Czech Republic: Financial Update (November 2013)

This KPMG report also describes:

  • VAT treatment of assistance services as part of the activities of insurers
  • Liability for VAT unpaid by the supplier in factoring and other similar transactions
  • A new rules limiting payments made from equity
  • New rules for an entry in commercial registers

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