Taxes and accounting

  • New Accounting Act for Real Estate: Accounting in Euro

    8. 2. 2023 Ludmila Benešová

    As you may have noticed, a proposed new Accounting Act is being discussed in the Czech Republic, with planned implementation as of 1 January 2024. Although 2025 seems more realistic, the new Act is highly esteemed by Czech accounting professionals. TPA have written about the reasons for the new Accounting Act here: We have…

    Read more
  • Why do we need a new Accounting Act?

    30. 1. 2023 Ludmila Benešová

    Reflections by Jana Skalová Why do we need a new Accounting Act? As many of you know, at the end of last year, a new draft Accounting Act was published. Since then, I have seen intense interest from our clients in the new developments that this Act will bring, as well as some fear of…

    Read more
  • The impact of the energy crisis on transfer pricing

    27. 1. 2023 Ludmila Benešová

    On 20 December 2022, the General Financial Directorate of the Czech Republic (hereafter “GFD”) issued a statement addressing the impact of higher energy prices in the context of transfer pricing issues. The statement was particularly relevant to low-risk entities in the group where prices for services provided are set using the cost-plus method. Energy costs…

    Read more
  • Petr Karpeles as a guest on the Pro(fi) Accountant podcast

    19. 1. 2023 Ludmila Benešová

    Petr Karpeles was Libor Vasek’s guest on the Pro(fi) Accountant podcast. You can listen to the podcast here. In December 2022, he accepted two awards as a partner of the TPA Group, namely for the first place in the Accounting Firm of the Year 2022 competition and for winning the Best Tax and Financial Advisor…

    Read more
  • Photovoltaics – What should you know before investing?

    19. 12. 2022 Ludmila Benešová

    Today, you would be hard-pressed to find (not just a real estate) company whose management would not consider investing in solar panels in response to the extreme volatility in the energy markets. The benefits are obvious: You will save money by reducing the amount of electricity you use, you will reduce your carbon footprint, and…

    Read more
  • TPA is the winner of the Accounting Firm of the Year 2022 competition

    7. 12. 2022 Ludmila Benešová

    Leading advisory firm TPA is the winner of the Accounting Firm of the Year 2022 competition, which annually recognizes companies in the area of accounting. TPA operates in the areas of accounting, tax advisory, audit, valuation and acquisition advisory. In addition to providing the highest level of expertise in all the areas mentioned, the company…

    Read more
  • Windfall tax

    28. 11. 2022 Jana Skálová

    On 24 November 2022, the Senate approved a tax package that, among other things, introduces a so-called windfall tax or windfall profits tax based on the parameters of the European Union regulation. The bill will now be given to the president for his signature. The temporary windfall tax would apply from 1 January 2023 for…

    Read more
  • New Accounting Act – changes in the obligation to audit financial statements

    23. 11. 2022 Jana Skálová

    The published draft of the new Act on Accounting envisages changes in the obligation to audit individual financial statements, i.e., in the scope of the range of accounting entities that will be subject to audit. In view of the sensitivity of the topic, the text of the law proposes two alternative solutions. The first alternative…

    Read more
  • Changes to agreements on work outside the employment relationship

    24. 10. 2022 Jana Vítková

    The forthcoming amendment to the Labour Code brings changes to the regulation of agreements on work activity and agreements on work performance. Probably the most significant change is the entitlement to paid leave of employees working under an agreement. The method of calculating the entitlement will be identical to that of an employment relationship, i.e.,…

    Read more
  • Draft amendment to the Labour Code for the “Home Office”

    17. 10. 2022 Jana Vítková

    Currently, the amendment to the Labour Code is to introduce, among other things, the regulation of telework, so-called “Home office”. The performance of remote work will be possible on the basis of a written agreement between the employee and the employer. If an employee requests telework and the employer decides not to comply, the employer…

    Read more
1 2 3 8