Projekt Anglicky v odborných předmětech, CZ.1.07/1.3.09/04.0002 Anglicky v odborných předmětech "Support of teaching technical subjects in English“ Tutorial: Business Academy Topic: Taxes Prepared by : Ing. Adam Skovajsa Projekt Anglicky v odborných předmětech, CZ.1.07/1.3.09/04.0002 je spolufinancován Evropským sociálním fondem a státním rozpočtem České republiky.

Non-standard tax relief Questions to practise Bibliography CONTENT Tax relief Absolute tax relief Relative tax relief Standard tax relief Non-standard tax relief Questions to practise Bibliography 27.12.2018

Tax relief Reduces the amount of tax base , i.e. it is deducted from the calculated tax. It is divided according to various criteria: Tax relief: absolute relative standard non-standard 27.12.2018

Absolute and relative tax relief It is a fixed sum, for example income tax relief for each employee with disability is 18.000 CZK 27.12.2018

Relative tax relief Reduces tax by a set part, usually expressed in percentage Nor example: road tax for vehicles used for combined transport is reduced by 25% - 90% depending on the number of journeys in the transport 27.12.2018

Non-standard tax relief Is demonstrably incurred expenditure, which can reduce basic amount of tax, either in full extent or to extent of set limits, which can be relative and absolute For example: foreign expenditures on babysitter for children under 3 years = 50% tax reduction 27.12.2018

Questions to practise ? Is the tax relief applied after the tax is calculated? What are the benefits of combined transport? 27.12.2018

Cloze Tax relief…………………… the amount of tax base. Absolute tax relief is set………… amount, while relative relief in……………. ……………….. tax relief include foreign expenditures on babysitter for children. 27.12.2018

Bibliography Bakeš, M. a kolektiv. Finanční právo. Praha: C. H. Beck. Praha, 2009. ISBN 978-80-7400- 801-6. Vejvodová, H. Kopřiva, J. Právo I – Finanční právo. Brno: VUT v Brně: Fakulta podnikatelská, 2008. ISBN 978-80-214-3730-2. Vančurová, A. Láchová, L. Daňový systém ČR 2010. 1. VOX, a. s. Praha, 2010. 355 s. ISBN 978-80-86324-86-9. 27.12.2018

Standard tax relief Taxpayer can use standard tax relief when legal conditions are fulfilled Most frequently it is about fixed sums set by law (also relative relief) 27.12.2018

Thanks for attention 27.12.2018