Employee Tax Return Calculator
This calculator will help you determine if you should or must file an employee tax return in the Czech Republic. Simply fill in your information and check the boxes which apply to your unique situation. Calculations take into account how much your employer paid, including any tax relief, discounts, and bonuses you can receive. Find how much you can receive from filing an employee return, or learn when tax laws require that you file.
Employee Tax Return Calculator
Before you start, find your tax confirmation from employment
Please, clearly describe your situation or questions in detail.
The more information you provide, the quicker and more accurate our response will be.
We reply within the same day. If you do not receive a reply within a day, please check your spam folder.
Have Questions?
If you still have questions, find anything confusing, or haven't found what you're looking for, feel free to contact our agents. We're here to help.
Fill out the form below, describe your situation, and choose the relevant service type. Our agents will prioritize your request and suggest a solution.
Other free calculators you might like
Hear Testimonials from Pexpats’ Satisfied Clients!
The reviews speak for themselves. Hear the success stories from our many satisfied clients around the globe. See real-world experiences from freelancers including digital nomads, backpack teachers, seasonal developers, world-traveling entrepreneurs, and expats across nationalities!
FAQs
What information do I need to use this calculator?
In order to use this calculator, you need a Confirmation of Taxable Refund from your employer. In Czech, this is the Potvrzení o zdanitelných příjmech (POZP). It is an official earning document that declares an employee’s salary, paid taxes, and other information. Most employers will provide this document by the middle of January, although employees can also request one.
When does it make sense to voluntarily file an employee tax report?
In some cases, it can be advantageous for employees to voluntarily file their taxable income. This is due to employers claiming only the standard taxpayers’ discount on the employee tax return. By law, the employer is not responsible to claim any additional tax discounts, bonuses, or relief on your behalf. This means you can miss out on ways to reduce your tax burden and increase your return in the end. The most common examples include claims for a non-working spouse, child-rearing, private pension investments and mortgage payments.
When is it obligatory for me to file my own employee tax return?
If you tick any of the boxes in the calculator after kindergarten fees, you must file a taxable income report. This includes if you worked for two employers at once, or earned above standard income. It is also necessary to file if declaring side income from self-employment, capital gains, rental income, and other taxable revenue. You will as well have to file if earning occasional income over CZK 30 000, or for receiving non-exempt gifts.
I worked for only one employer. Does it make sense for me to file an employee tax return?
If you are entitled to bonuses beyond the standard taxpayer’s discount, it can make sense to voluntarily file. For example, perhaps you made private pension investments. Your employer will not declare these in your tax return. However, this can significantly reduce your tax burden. Thus, calculate if it’s worth it for you to file based on the total amount of discounts, bonuses, and relief you can claim.
How do I determine the bonus amount I am eligible to claim?
When you tick a box in the calculator, the standard bonus amount for the full year displays by default. If you are not entitled to the full year, you will need to manually change the amount. Take for example if you were married for only part of the year. In this case, you are not entitled to the full bonus amount for a non-working spouse. The same is true for claiming children, mortgage payments, and other bonuses. If you do not qualify for the entire year, divide the standard bonus by 12 months. Then, calculate the amount by the number of months you are claiming.
What we do
Business Support
Relocation Assistance
Tax Advisory
Freelance Solution Hub
Digital Finance Platform
Services
Immigration Services
Online Tax Report
All-in-one Packages
Financial Services
Immigration Services
Business Services
Personal Services
Copyright 2013 - 2024
Made with ❤️ in Czech republic
Powered by PEXPATS