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Paternity leave – a new sickness insurance benefit

28.8.2017
On 1 February 2018 an amendment to the Sickness Insurance Act will come into force that has introduced one-week paternity leave for new dads. We have more details for you below. Fathers will become entitled to paternity leave if their baby is born within six months before the effective date of the amendment, i.e. on […]

Overtime – when it applies and how it is paid

14.6.2017
Today’s issue of our newsletter brings information about overtime work. When employees become entitled to compensatory time off and how are they paid? We bring you detailed information about records of and payments for overtime work. Overtime work is work performed by an employee beyond the regular schedule. Employers may order employees to work overtime […]

Compensation for damage caused by an employee

10.4.2017
This issue of our newsletter is to inform you about employer rights in situations when they incur damage caused by an employee. Under the Labour Code, employees are required act in order to prevent the occurrence of any property damage or non-pecuniary loss or unjust enrichment. If there is a risk of damage or non-pecuniary […]

Payroll changes in 2017

31.1.2017
Taxation of income from employment Child tax credits for a second, third and subsequent child are to be increased. The amendment approved by the Chamber of Deputies is yet to be approved by the Senate and the President. The tax credit for a first child will remain the same, i.e. CZK 13,404 per year (CZK […]

Small-scale employment

17.10.2016
Small-scale employment is deemed to mean employment with a monthly income agreed below CZK 2,500 or employment where no monthly income has been agreed and the employee does not achieve a monthly income of CZK 2,500. Thereby the employee does not meet the requirements for participating in sickness insurance, is not listed in the register of […]

Dependent child tax credits for personal income tax payers in 2016

17.8.2016
Dear Reader, Today’s issue introduces the amendment to the Income Taxes Act (No. 125/2016 Sb.) which took effect on 1 May 2016. The amendment has introduced changes to child tax credits. So what are the current rates? The amendment increases the tax credit for a second child by CZK 100 per month (with the annual […]

Employment termination v maternity/parental leave

6.6.2016
Dear Readers, Today’s issue of our Newsletter describes the options for terminating the employment of employees on maternity or parental leave. Employment may be terminated irrespective of the maternity or parental leave, in one of the following methods: Agreement to terminate employment Using this method, employment may cease in all cases. It is a bilateral […]

Annual payroll closing deadlines

24.2.2016
At the end of last year, we told you about changes effective from January 2016. Now that the time has come to produce financial statements and close payroll accounts, we would like to inform you about all payroll-related closing operations. All clients of RSM TACOMA Payroll receive these services automatically. If you are not our […]

Payroll changes effective from 1 January 2016

7.12.2015
The new year is approaching and so are changes in employent legislation and personal income tax. This issue explains some of the changes effective from 1 January 2016. Second pillar abolished The second pillar will be scrapped as at 1 January 2016. From this date on, companies will no longer pay for 3% of the […]

Minimum wage in Germany – impact on Czech employers

15.11.2015
Czech employers sending their employees on assignment to Germany are required to comply with the minimum wage prescribed there. However, this is a requirement that only a few Czech employers are aware of and, therefore, are failing to meet their statutory duties. The law governing the minimum wage has been in effect in Germany since […]

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