Advance payment of income tax and road tax prepayment are already payable on December 15, 2020 (No. 971)
Remember that both natural and legal persons are obliged to pay a quarterly or semi-annual advance payment of income tax by December 15, 2020, if this obligation results from their filed tax returns. However, as in the case of the previous advance due on September 15, 2020, taxpayers have the possibility to ask their respective tax office, in well-founded cases (e.g. due to the economic impact of the COVID-19 pandemic) to set a different amount of the advance, or to request its complete cancellation. A specimen application can be found here.
On December 15, 2020, an advance on the road tax for the months of October and November 2020 is also payable.
As we have already stated in one of our previous e-services , taxpayers whose economic activities were restricted by a government decree are exempted from quarterly and semi-annual advances on income tax due from October 15, 2020 to December 15, 2020, and all road tax prepayments due in 2020. Respective tax subject will pay only the road tax for the year 2020, by the end of January 2021. However, there is a prerequisite to make a notification to the tax office that the taxpayer meets these conditions.
Please note that the link leads to Czech version, unfortunately, English version is not available.
Words of gratitude
We wish to thank our clients and our employees for the fact that, in the heavy competitive environment, the KODAP group took the first place in the “Accounting Firm of the Year 2020” contest. The event is organized jointly by the Union of Accountants, the Chamber of Certified Accountants, and the Wolters Kluwer publishing house. The Jury thoroughly explored the qualification, expertness, techniques, visions, and it checked the references of customers, too. The more we are enjoying this success.