ASB Group launches "CE4 Payroll Calculator"

ASB Group, a leading provider of professional consulting and outsourcing services for business, launched its new IT tool, the "CE4 Payroll Calculator," designed to support companies considering expansion into the Central and Eastern European region. This program calculates and compares employer costs and salary volumes across Visegrád Group countries: Czech Republic, Hungary, Poland, and Slovakia. The Payroll Calculator is available online, free of charge to all users.

Consolidation package 2025: overview of the most important changes in the tax area

On 3 October 2024, the National Council of the Slovak Republic approved amendments to the legislation on consolidation of public finances, the so-called consolidation package. The aim of the consolidation package is to improve the status of public finances, with the vast majority of changes coming into force on 1 January 2025. On 18 October 2024 the consolidation package was signed by the President of the Slovak Republic. An overview of the most important changes in the tax area is given below.

New taxation rules for employee share

Do you provide employee shares in your company? And have you already considered what impact the new changes in this area will have on your company? In the following article, we summarize the news in the taxation of employee shares, as well as what is not yet fully resolved in terms of legislation.

How V4 countries approach minimum and guaranteed wages

Changes to the guaranteed and minimum wage, which took place in the Czech Republic in July 2024, are intended to ensure an adequate minimum wage for the entire EU. This can help close the income gap between men and women, but it carries the risk of higher costs, Klára Cowan, Group Payroll Director of ASB Groups, writes below.

ASB Group welcomes Michal Kozdera as new Tax Director

ASB Group is pleased to announce the appointment of Michal Kozdera as the new Director of the Tax Department in its Prague office. With over 25 years of experience in tax consultancy, Michal brings a wealth of knowledge and expertise to the team, having worked both in consulting and in significant tax and financial positions on the client side. His international experience, including years in Brussels, has equipped him with a robust understanding of comprehensive tax-financial assessments, financing, business sales, transfer pricing, international taxation, and VAT.

Anna Szafraniec appointed to the Board of the International VAT Association

ASB Group is proud to announce that Anna Szafraniec, the CEE VAT Compliance Director, has been appointed as a Board Member of the International VAT Association (IVA). This prestigious appointment recognizes Anna's extensive knowledge and experience in the VAT area, highlighting her contributions to the field and her dedication to enhancing VAT compliance practices internationally.

ASB Group supported Star Capital Financein the acquisition of six retail centers in Poland.

The value of the transaction amounted to EUR 285 million. The portfolio totals more than 219,000 sqm and includes rights in six shopping centers: Janki in Warsaw, Kometa in Toruń, Korona in Wrocław, Tulipan in Łódź, Ster in Szczecin and Rondo in Bydgoszcz. The occupancy of the portfolio exceeds 95 pct, with anchor tenants including Auchan, Bi1, LPP Group, Inditex Group, CCC Group, Rossmann, RTV EURO AGD and Cinema City.

Not just JPK_VAT anymore. Mandatory JPK_CIT in 2025!

The Ministry of Finance has announced the deadline for the requirement to send Uniform Control Files for CIT and PIT. Along with JPK_CIT, there will be an obligation to keep accounting books only in electronic form, allowing for the preparation of JPKs. The information will be sent annually, without a summons from the tax office.

DAC 7 - Status of the implementation in CEE region

DAC7 Directive was adopted on 22 March 2021. DAC7 is a tax directive that includes collecting and processing data on merchants and their income that operate through digital online marketplaces and other platforms. This law aims to improve tax cooperation between EU member states through digital platforms, including transparency on revenue earned by sellers.