Change in the additional taxation of a vehicle
Effective from 1.7.2022, the Income Tax Act (ITA) has been amended by Amendment No. 142/2022 Coll., which concerns, inter alia, tax support for low-emission vehicles.
Mazars Payroll Newsletter 7/2022
Introducing the new issue of our Payroll Newsletter, in which we regularly inform you of news in the field and introduce current legislation, while you can also learn more about our seminars, webinars and other activities.
In this issue, we mainly inform about changes in legislation. You will learn more, for example, about the change in the additional taxation of a vehicle used for both business and private purposes.
We will also inform you about the increase in the amount of living and subsistence minimums or the adjustment of compensation for loss of earnings after the end of incapacity for work resulting from accidents at work or occupational diseases. In addition, you will get an overview of the adjustment of compensation for the costs of maintanance incurred under employment regulations.
Last but not least, you will read about the change in the rate of basic compensation for the use of road motor vehicles and the meal allowance and the fixing of the average price of fuel for the purpose of providing travel allowances. The last topic will be the reduction of payments for shorter-term employment.
Thank you for your kind attention and we wish you a pleasant reading.
Announcement of an amount for the living minimums
On 9 May 2022, the Ministry of Labour and Social Affairs issued Announcement No. 127/2022 Coll., and announced the following new amounts for the purpose of determining the living and subsistence minimums and state social support:
Increase in amount of living minimums
This change is related to the changes referred to in point 2. On 29 June 2022, Government Decree No. 204/2022 Coll., on the Increase of Living and Subsistence Minimum Amounts, was published, coming into effect from 1.7.2022.
Compensation for loss of earnings after accidents
Another change occurred in the field of accidents at work, where the average earnings applicable to the calculation of compensation for loss of earnings and the maintenance costs of survivors under the Labour Code were adjusted.
Change in the rate of the compensation for cars
Change in the rate of the basic compensation for the use of road motor vehicles and the meal allowance and the fixing of the average price of fuel for the purpose of providing travel allowances.
Reduction of payments for shorter-term employment
In the family package, the government approved the support of part-time employment in the form of a discount on social security premiums and the contribution to the state employment policy for employers. The discount will be 5% of the total assessment bases of employees for which the discount will apply (19.8% instead of 24.8%).
Contacts
Jana Boštíková Partner Prague
