Dear Danilo, freelancers in the Czech Republic are entitled to declare a real costs and deduct them from their income. They are also entitled to…
Dear Danilo,
freelancers in the Czech Republic are entitled to declare a real costs and deduct them from their income. They are also entitled to decide to use a fixed costs which are amounted as 60% from income. Annually is possible to use the fixed costs up to limit CZK 1,200,000.
The same fixed costs are accepted for calculation Social Security and Health Insurance.
Please contact us in a standard way if you would like to calculate exactly your real total taxation in The Czech Republic.
Best Regards
Michael Hajek, Tax Advisor
hajek@bellcons.cz
Freelance taxation
12:19 30.06.2015Hello, I am a freelance developer working remotely through the web agency upwork.com and I am thinking about moving my business to Czech Republic. I…
Hello, I am a freelance developer working remotely through the web agency upwork.com and I am thinking about moving my business to Czech Republic. I have been told that through the 60/40 flat deduction system you can get to keep about 85% of your gross income including the expenses for social insurance. I would like to know for sure how much Czech taxes would take from my income. At the moment my average gross income per month is around 2000 US dollars. Thank you in advance for your assistance. Kind Regards, Danilo Amoroso
Danilo Amoroso