The limits pertaining to the option of exercising lump-sum expenditures for self-emloyed tax payers will once again be increased as of the effectiveness of the tax package, which is expected in the first half of 2019.
The amendment to the Accounting Act which came into force on 1st October 2018 introduced new obligations for the companies to prepare their financial statements in an electronic format only and in a specific logical structure.
We are proud to announce that we are officially a member of the Association of Business Service Leaders (ABSL).
In 2018 the Regional Court in Hradec Králové has rendered a judgment that has drawn the attention of the community of experts and may bring about a shift in perceiving the offshore structures of remunerating employees in terms of social security implications.
The new law on Insurance Premium Tax, which may concern also your Company, came into effect from 1 January 2019. We would like to provide you with the most important details about this new tax.
On 31 December 2018 the Polish Ministry of Finance (MoF) published an announcement stating the “safe harbour” interest rate applicable to taxpayers in loan agreements with related parties.
By the legally binding and effective wording of the Act No. 530/2003 Coll. on Commercial register, as amended, the obligatory registration of Ultimate Beneficial Owner (hereinafter as “UBO”) of each legal entity is established.
Declaration of taxpayer liable to income tax for 2019 With the arrival of 2019, it is necessary to ensure that the form, the Declaration of the taxpayer liable to personal income tax from dependent activities is signed by employees who wish to claim tax allowances in terms of the new year. For the year 2019, the single tax rate remains at 15 %. When calculating personal income advances, the amount is increased by a solidarity tax surcharge of 7 % from income exceeding 130,796 CZK a month.
ASB Group, a Czech-based provider of accounting, tax, payroll and transaction services, could consider acquisitions in Central Europe to help it further expand, according to Managing Partner Petr Studnicka.