Legal news

As a part of its package for the consolidation of public finances, the Ministry of Finance, effective as of 1 January 2024, restricted or outright cancelled a number of tax reliefs applicable to personal income tax. These will make themselves felt for the first time in the income tax return

May one perform an unilateral change of the contractual place of performance – i.e., here, a bank account? Under what circumstances may one utilize the concept of substitute performance and pay into judicial escrow?

Healthcare and (non-financial) leisure time benefits in a value of up to CZK 46,557 or CZK 23,278, respectively, are now exempt from income tax on the part of the employee. Read on to find out the terms on which such benefits may be drawn.

The latest amendment to the VAT Act has brought crucial changes which have impact on all VAT payers. Read on to find out about the new terms of mandatory registration for VAT, the accelerated periods for claiming input tax deductions, and other changes.

The good reputation of legal entities as an asset worthy of protection: the Constitutional Court clears the way for non-material claims for damages.