Dear Schaffer News Readers, Welcome to another issue of our information bulletin
The czech government is still using all available means to help alleviate the economic situation felt by enterprises, self-employed persons and ordinary consumers. Therefore on 1st January 2013 it pushed through a tax increase in a legislative process which was as usual completed at the last moment. It
does not involve an increase in all taxes, just certain selected taxes, specifically: VaT (basic and reduced rates), personal income tax (the introduction of a “solidarity tax”, and lumpsum expenditure restrictions),health insurance (lump-sum expenditure restrictions, the cancellation of a cap on insurancepremiums), real estate transfer tax and real estate tax. You will find more information in this issue of Schaffer News. we hope you enjoy it and we wish
you a successful New Year! Yours
Ing. Martin Felenda,
Managing partner
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