Accounting news

Czech Accounting, IFRS, US GAAP

Tax news

Direct, indirect & other taxation

Legal news

Amendments and reviews

News from the grants and incentives area

Grants & Incentives news

Deloitte Analytics

Czechia in Data: Number of Overweight Czechs Significantly Rising

Loosening the Belt: Number of Overweight Czechs Significantly Rising

Christmas is long behind us and we are already several weeks into the New Year. Weeks during which – according to statistics – the majority of us lose interest in or the will to keep their New Year’s resolutions, including probably the most frequent one – to lose weight and start exercising more. This is a pity considering that 71% of men and almost 57% of women in the Czech Republic are suffering from excessive weight or obesity: the highest percentages ever recorded. Read more at

Our surveys

Industry 4.0: Are you ready for another revolution?

Industry 4.0: Are you ready for another revolution?

Executives and government agency leaders are positive about Industry 4.0. These are the results of our latest study regarding Industry 4.0, according to which 87% of the respondents believe that the Fourth Industrial Revolution will lead to greater social and economic equality and stability. In fact, two out of three say business will have much more influence than governments and other entities in shaping this future.


Deloitte surveyed 1,600 respondents across 19 countries. To view the results, download the full study.

David Marek’s Economic Outlook

Tax Freedom Day

Tax Freedom Day

David Marek, Chief Economits, Deloitte


Taxes. Who would be happy about paying them? However, as we all probably know, schools, the police, civil servants and the social system need to be paid for somehow. The issue is, rather, how great the tax burden is and how it is developing. There is a whole series of tax burden indicators. The frequently used ones include, for example, the composite tax quota, or the ratio of taxes paid to gross domestic product. Nevertheless, there may be large differences between GDP and what is actually obtained from it in terms of individual countries. For this reason, we use a different indicator – Tax Freedom Day – which works in a slightly different way.


The method applied by us in calculating Tax Freedom Day divides the year into two parts in a proportion corresponding with the ratio of total government sector tax income to net national income. Gross domestic product, which is sometimes used in similar calculations, is a rough approximation of income. In producing gross domestic product, production facilities are subject to wear and tear. If fixed capital consumption is deducted from GDP, the result is net domestic product. However, this cannot be considered an appropriate approximation of the income of domestic companies and households either. A portion of profit from production and sales is attributable to foreign investors. In fact, the significance of repatriating (as well as reinvesting) profits has recently grown. By taking into account income, which is part of the balance of payments, you arrive at net national income. This can be divided into taxes and net disposable income.


What is the situation like this year then? In 2018, no changes have been made to any significant tax rates; however, the changes in the tax system are rather numerous. For example, the first child tax allowance has increased, lower flat expense charge-off rates have started to apply to entrepreneurs and the conditions for obtaining a tax bonus have been tightened. The increase in the minimum salary has affected the amount of the ‘nursery fee’ and, as such, the effective taxation of individuals. In addition to the above-stated changes, this year’s tax collection will be also affected by the Local Sales/Purchases Report (‘kontrolní hlášení’) introduced earlier and the electronic sales records being gradually rolled out. Although the rates are not rising, the more effective and efficient tax collection is increasing the total amount collected and, as a result, also the tax burden indicators, such as Tax Freedom Day.


Looking back at prior years, Tax Freedom Day is gradually slipping further away from the start of the year. This year’s date is the latest ever recorded. Mark your diaries – it will be on 23 June.


The number of days for which tax payers in the selected countries of the EU need to work in order to pay taxes to the government and the date of Tax Freedom Day


Country Number of days Tax Freedom day
Romania 124 3 May
Bulgaria 126 6 May
Switzerland 127 7 May
Lithuania 133 11 May
Cyprus 143 22 May
Latvia 144 22 May
Ireland 144 23 May
Poland 149 27 May
Malta 149 27 May
United Kingdom 151 29 May
Slovakia 151 30 May
Spain 152 30 May
Estonia 153 1 June
Norway 159 7 June
Portugal 168 16 June
Iceland 170 19 June
Netherlands 172 19 June
Germany 174 22 June
Czech Republic 174 23 June
Slovenia 174 22 June
Hungary 182 1 July
Greece 187 5 July
Italy 189 6 July
Sweden 190 7 July
Finland 195 13 July
Austria 198 17 July
Denmark 200 17 July
Belgium 206 24 July
France 208 26 July
Luxembourg 271 28 September

Source: Deloitte, January 2018 calculation

The Act of the Year 2017

The 9th Edition of the Act of the Year has been Launched

The 9th Edition of the Act of the Year has been Launched

The ninth edition of the traditional Act of the Year survey has started. As in previous years, Ambruz & Dark Deloitte Legal is searching, along with its partners, for the most beneficial legislative act of the past year which has had a positive impact on the Czech business environment. The Nomination Committee has selected five legal regulations about which experts may vote until the end of March 2018:


  • New players on the payment market (the Payment System Act implementing PSD2);
  • Faster and simpler construction (the amended Construction Act);
  • Stop to the excessive burden on entrepreneurs (a Constitutional Court ruling on the electronic sales records);
  • More efficient and effective court procedure (the amended Code of Civil Procedure); and
  • Tax regulations reflecting practical needs (selected amendments to the Income Taxes Act – primarily in respect of assets).


Do you have a favourite? Do not hesitate and cast a vote yourself!


Join us in supporting R&D development

Join us in supporting R&D development

We are launching the 5th edition of the Central Europe R&D Survey 2018. We are interested in the private sector‘s approach to investing in R&D. We aim to identify factors driving the increase in investment in R&D and determine key obstacles in claiming R&D tax relief and using R&D grants. The survey results may be used for potential negotiations regarding legislative changes in the area.


The survey is carried out in nine Central European countries – the Czech Republic, Estonia, Croatia, Lithuania, Hungary, Poland, Romania, Slovakia and Slovenia.


What kind of policy would motivate you to increase R&D investments?


Take part in the survey, share your opinion with us and help drive changes.


We Have Tax Advisors of the Year!

We Have Tax Advisors of the Year!

The winners of the 2017 Tax Advisor & Tax Firm of the Year survey have been announced, including two of our colleagues! As they have both ranked in the 2017 Tax Advisor of the Year survey, Jiřina Procházková, an Ambruz & Dark Deloitte Legal attorney, and Tomáš Brandejs from Deloitte’s tax function are two of the greatest tax specialists of 2017. Jiřina Procházková won in the Tax Administration Advisor category and Tomáš Brandejs – along with becoming the tax personality of the year – won the VAT Tax Advisor category. Congratulations!

Seminars and webcasts

Upcoming Events

Seminars and webcasts organised by Deloitte HERE.

Mobile App Deloitte CZ

On mobile devices, you can comfortably view the contents of this webpage in our new application for phones and tablets. To download the application, scan the QR code or visit

Subscribe to dReport and other newsletters and invitations here

Unsupported browser

This website isn’t supported by your browser. To experience this website, please upgrade to the latest version of any of the common browsers.