Tax relief 2024
Tax relief refers to expenses deductible from taxable income (your tax base). For example, if using the
60-40 reporting method, tax relief applies to the 40% base you will pay taxes on tax reliefs are
applicable if the freelancer's annual clean income is over 91,200 CZK in 2024 for the tax year of 2023.
Deductible expenses from taxable income in the Czech Republic include:
1. Voluntary Blood, Plasma, or Organ Donor Relief
CZK 3,000 for voluntary blood donors
CZK 3,000 for voluntary plasma donors
CZK 20,000 for voluntary organ donors
What you should provide?
Confirmation from hospital
2. Mortgage Interest rate relief
Mortgage interest rate relief is possible for the months in which you have an active trade license or employment while also
paying on a mortgage
Up to a maximum deductible amount of CZK 150,000
What you should provide?
Confirmation from the bank with the total amount paid for bank interest. Bank statements can't be considered formal bank confirmation with total interest paid in the previous tax year.
If you are applying for mortgage rate relief for the first time, you should also provide the mortgage contract with your bank.
3. Pension and Retirement Funds Relief
You can deduct from your tax base the amount invested for private pension savings within the non-government sector which is registered in the Czech Republic. it is possible for the months in which you have an active trade license or employment while also paying private pension investments.
Up to a maximum deductible amount of 24 000 CZK from private pension savings investments
What you should provide?
Confirmation from the organization with the total amount paid for retirement financing.
4. Life insurance payments Relief
Life insurance payments deduction from the organization registered in the Czech Republic.
Up to a maximum deductible amount of 24 000 CZK for life insurance payments
What you should provide?
Confirmation from the organization with the total amount paid for life insurance. The relief deduction is possible for the months in which you have an active trade license or employment while also paying private pension investments.
5. Continuing Education Examination Fees
The detectable tax relief for examination fees to certify an improved/progressing
level of your education in an organization that is registered in the Czech Republic.
Up to a maximum deductible amount of CZK 10,000
What you should provide?
invoice or confirmation for examination fees
Tax discounts 2024
Tax discounts are deductions to the total tax amount (not the tax base). In the Czech Republic, tax
discounts include:
1. Annual tax discount for OSVČ freelancers
The Freelancer tax discount is available for everyone, no matter if your trade license has been
active for the full year, or only one month of the last tax year and applies to income from self-employment, regardless of whether it is your main source of
income, or it is side income (together with full-time employment)
The Trade license Freelancer tax discount of CZK 30,840 CZK which is deducted from the Tax amount.
What you should provide?
No need to provide any documents, Applies automatically to all freelancers.
2. Tax Discount For An Unemployed Spouse
The unemployed spouse discount is available for the spouse who wasn't employed in the previous tax year or with income under CZK 68,000.
NOTE: Maternity and Parental bonus payments are not considered as an income. The discount is available if your spouse lives in the Czech Republic.
up to CZK 28,840 which is deducted from the Tax amount.
What you should provide?
- Marriage certificate scan with Czech Translation
- Biometric card or visa scan for NON-EU passport holder spouse
- Temporary residency certificate for EU passport holder spouse( optional)
3. Tax discount on fees for kindergarten
The tax discount for kindergarten fees is only applicable to one of the child’s parents.
17 300 CZK per kid per year
What you should provide?
Confirmation from kindergarten with the total amount of payments in the previous tax year. Bank statements with payments are not considered as proof of payment documents. You should get confirmation from kindergarten.
Child Tax Bonus 2024
A tax bonus is an amount that the taxpayer can claim back from the tax office due to overpayment after
deductions. This amount includes bonuses for parents of one, two, or more children:
Note: Only one of the parents may claim a tax bonus for children and it is available if your kid(s) lives in the Czech Republic.
- Up to a maximum bonus of 15 204 CZK for a first child
- Up to a maximum bonus of 22 320 CZK for a second child
- Up to a maximum bonus of 27 840 CZK for three or more children
What you should provide?
- Birth certificate scan with Czech Translation
- Biometric card or visa scan for NON-EU passport holder kid
- Temporary residency certificate for EU passport holder kid( Optional)
- For kids over 7 years old, school attendance confirmation for the previous year