State to Waive Social Security Payments by Businesses of up to 50 Employees

We would like to let you know about another quick change presented by the Czech Government as part of its campaign to help small businesses. The state will waive social security payments for June, July and August 2020 by small companies of up to 50 employees.

Conditions for Waiver of Payments

The employers who intend to take advantage of this programme must not dismiss more than 10 percent of their employees and must not reduce salaries compared to the March figures. This waiver is another part of the Antivirus support programme – regime C. The amount of the held is expected to be limited, with more details to be announced soon. The government has also approved that the current contributions under the Antivirus programme will be extended by another three months, i.e. until the end of August. However, this proposal has yet to be discussed in the Chamber of Deputies and the Senate. We will be happy to offer our help and guidance with the paperwork related to this support. Please do not hesitate to contact us with any questions.