Czech Republic


Nugget SW Becomes RSM Payroll Solutions CZ

RSM CZ a.s. bought a 100% share in Nugget SW s.r.o., a company that specialises in payroll outsourcing and the development of software for payroll processing and human resources management, in July last year. Early this year, Nugget SW was successfully integrated with the RSM advisory network and, starting from 20 January 2020, will be […]

Payroll changes in 2020

Dear clients, We would like to inform you in a simple and concise form about the changes and news regarding the payroll agenda valid as of 1 January 2020: Increase in minimum salary The minimum monthly salary for full-time work will grow from the existing CZK 13,350 to CZK 14,600 The hourly rate will grow […]

Changes in the calculation of wage deductions

The change in the calculation of legal wage deductions occurred already in the processing of monthly wages for June 2019. This concerns an amendment to Government Regulation No. 91/2019 Coll. amending Government Regulation No. 595/2006 Coll. on the method used for calculating the base amount that cannot be deducted from the monthly wage in the […]

Invitation to join us for a webinar: What’s next for the taxation of the digital economy?

As the digital economy has grown, businesses are providing services and making sales in geographic locations where the service provider or the seller does not have a physical presence.  This has increased global business opportunities, especially for middle market companies that are attracted by the potential of larger international markets. However, for tax authorities, which […]

Payroll Deduction Agreements

Employers have the right to demand regular or irregular payments from their employees, which are usually made by means of deductions from employees’ pay. Frequent causes for payroll deductions are: providing meal vouchers reimbursement of accommodation expenses using company phones for private purposes using company vehicles for private purposes; the fuel that is used is […]

News from the recently passed Act on the Residence of Foreign Nationals in the Czech Republic

For those who employ or plan to employ foreigners, the following is an overview of the changes introduced by an amendment to Act No. 326/1999 Coll. on the Residence of Foreign Nationals in the Czech Republic (hereinafter the “Act”), which was promulgated in the Collection of Laws on 16 July 2019. These modifications are intended […]

EU Tax Intermediaries Directive – “DAC 6”

The EU Tax Intermediaries Directive (“Directive”) introduces new mandatory obligation on intermediaries and taxpayers to report information on cross-border arrangements that meet certain criteria to the tax authority (“EU Disclosure Requirements DAC 6”). This Directive will be implemented into the Czech legislation next year, but with retrospective effect. The Czech Chamber of Deputies is currently […]

30% of European businesses are still not compliant with GDPR

Almost a third (30%) of European businesses admit they are still not compliant with GDPR, according to a survey conducted by the European Business Awards on behalf of RSM, one of the largest audit, tax and consulting organisations of advisers with a focus specifically on the middle market. Despite it being over a year since […]

What is needed to eliminate withholding tax on the payment from Poland

If you have customers in Poland and you invoice them for your services, you might be surprised what information you will be required to provide to your Polish customers in order to eliminate withholding tax on the payment from Poland. This is due to a change of Polish legislation as of 1 January 2019 stipulating […]

Sophos appointed RSM CZ as new Gold Partner in the Czech Republic and Slovakia

RSM CZ, a respected supplier of consulting services and information technology, has been awarded the status of Gold Partner by the security leader Sophos. What’s more, the Sophos MSP Connect programme now gives customers access to the next generation of comprehensive managed security services. Sophos, the global leader in network and endpoint protection, has announced […]