Czech Republic Publishes Income Tax Guidance for 2014, 2015

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By Molly Ward

Feb. 9 — The Czech Ministry of Finance published frequently asked questions (FAQs) on personal income tax implications of employment for the 2014 and 2015 tax years Jan. 21. In addition, the Czech Tax Administration published Jan. 13 new reporting forms for 2015 taxable income and withheld taxes of both employees and individual contractors.

The FAQ document provides explanations on:


• filing 2014 personal income tax return forms and their due dates;

• tax relief thresholds applicable to certain employees for 2014 and 2015;

• tax benefits provided to families with dependent children;

• application of Czech tax residents' tax benefits to nonresidents;

• exemption provisions applicable to employers' contributions to employee life insurance, pension or additional pension savings funds;

• application of the solidarity tax increase to individuals with income above 150,000 Czech koruna ($6,130);

• exempted compensation related to unemployment.


To contact the reporter on this story: Molly Ward at

To contact the editor responsible for this story: Michael Baer at

The FAQs can be found in Czech at

The new forms can be found in Czech at

More information on payroll issues in the Czech Republic can be found in the Czech Republic country primer.