On April 1, 2019, an amendment to the Czech Income Taxes Act came into effect. This amendment imposes a new reporting obligation of taxpayers. Who does the obligation apply to?
The seniority statement is a document attesting the length of service and may be issued either by the current employer or by the former employer, upon request.
Let us emphasize the obligation of statutory bodies to draw up a report on relations between the controlled and controlling entity, set by the Act on Business Corporations. The report should be prepared within 3 months after the end of the accounting period.
Starting February 1st, 2019, the optional VAT registration procedure (turnover below the threshold) can be performed through the electronic submission of a Sworn Statement.
As of 1st January 2019, the limits on travel reimbursement in the Czech Republic are changed. Read how the meal allowance or average price per litre of fuel increased.