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The notion of electrical vehicles, known as EVs, is gaining superiority within the European Union, including the Czech Republic. Some people enjoy the benefits of electric cars, such as the environmental approach, while others prefer EVs for their distinctive looks and design offered by leading tech companies, including Tesla. Yet, you do not have to drive a Tesla to enjoy all its benefits.  In 2016, Tesla entered the market in the Czech Republic with a triumph, selling sixty-two cars in the first year of its operations. That was a spectacular success, and by June 2022, the company’s business operations had expanded. There were 1,100 cars sold, accompanied by a vast chain of fifty-two superchargers.  In other words, there is oneRead more.

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Czech Salary is a net salary calculator in English reflecting the the 2021 Amendment of the Czech Income Tax Act. Starting from the salary period of January 2021, all employees will find a higher net salary in their next pay slip. Czech Salary provides a calculation with explanations of all salary deductions and possible tax credits. Soon the creators are planning to add a Calculator of Net Income of Trade licensors and other helpful information with regards to the Czech taxation. You can access the calculator here. No related posts.Read more.

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The numbers are in and according to Minister of Finance Alena Schillerová, the Czech Republic ran a deficit of CZK 367 billion for 2020, dwarfing 2009’s deficit of CZK 192 billion, making it the worst deficit in the country’s history by a long shot.  As rough as it is, this deficit is actually lower than what was expected; Originally, the Chamber of Deputies had signed off on allowing for a CZK 500 billion deficit. Schillerová explained that there was CZK 110.7 billion extra in unexpected revenues to pad the losses. Roughly half of the unexpected revenue came from taxes, and CZK 26 billion came from the European Union.  Overall, the total state budget revenues fell by CZK 47.7 billion, andRead more.