News

Are you confident in the conversion of Other assets and Other liabilities denominated in foreign currencies as at the balance sheet date?

Act No. 563/1991 Coll., on Accounting in Section 4, Paragraph 12, establishes an obligation to accounting units to keep accounts in monetary units of the Czech currency.

Changes in salary already in January 2019

Many changes have taken place in the payroll area since January 2019. Would you like to know about what kind of changes we are talking about? 

Crowe Global reports record year

Crowe Global announced its latest financial performance information, showing revenues of $4.3 billion (revenue growth of 14%) in 2018.

New rules for tax deduction for research and development

By the end of February, the Senate will finally deal with approving the so-called tax package. In addition to other changes we have already informed you in previous issues of our Crowe news, changes to the use of tax deductions for research and development have been introduced in this amendment through an amendment proposed by the Chamber of Deputies.

Labor Code and forthcoming changes

A new amendment to the Labor Code is being prepared. The amendment should include a whole range of changes. 

Diamonds are forever

Those of you, who read our Crowe news regularly, already know that we are among the proud partners of the project “Diamonds of Czech Business”. Thanks to that we had the honor to take part in the awards ceremony where the best companies were recognized of their outstanding achievements for the last 3 years. 

The deadline for filing tax returns for the year 2018 is fast approaching

Just as we pulled us together from the start of the New Year's bust, we are getting worried about taxes. The statutory deadline for submitting a tax return for natural or legal persons for the tax year 2018 will expire on April 1, 2019. On that date, a possible tax liability is also payable. How and when to file a tax return and pay a tax to avoid possible sanctions?

Annual agenda 2018

In these days, all employers should already have accumulated evidence for the annual settlement of their employees' advances and issued a Certificate of Taxable Income to employees who request it. Payroll accountants are already working on it all.