Preparing and Filing 2016 Employee / Personal Income Tax ReturnAlexio.cz offers accounting services, claims tax deductions and files Personal Income Tax Returns for foreigners working and living in Czech Republic, a employee or with foreign sources of income.
What is the fee for Preparing and Filing a Tax Return?The Order form will display the fee according to the type of Tax Return you select on that form.
There are several options to choose from, select the one that best describes your situation.
The basic fees are: 3500 CZK for a basic Personal Income Tax Return, 6500 CZK for combined Employment and Trade License, and 10.000 CZK for Foreign Employment Income
What is included in the fee for a Personal Income Tax Return?Included in the fee are the following elements:
- a Questionnaire and a Checklist so you know what documents to prepare
- a Consultation (Phone/Skype/Meeting) based on the Questionnaire and Checklist
- 2 hours * of Admin / Accounting service (6 hours for Foreign Income),
- calculation of Tax Benefits,
- explanation of the entire Tax Return,
- we file the Tax Return at the Tax Office for you (so no need to do this yourself),
- You get a paper copy / scan of the Tax Return with a stamp of the Tax Office.
Admin / Accounting service in excess of 2 (6) hours will be charged according to our standard pricelist.
It is possible to do everything remotely, without visiting our office. You can send in your documents by mail / email / Google Drive share. In this case we will need a signed paper original Power of Attorney for filing.
After Filling in the Order Form, you will be able to download a Questionnaire and Checklist that will explain which documents you will need to provide to us.
Important: Tax benefits are usually not paid out automatically by the Employer!Every year many employees miss out on tax benefits because 90% of the companies do not file a Tax Return for their employees, but only provide an annual income overview (which is not a Tax Return).
In a typical 2-child family, these benefits are +/- 70.000 CZK annually! Not filing a tax return also means missing out on tax reductions for paid mortgage interests, paid life insurance and gifts.
Fortunately, it is relatively easy to claim tax benefits for previous years!
Important: Filing before the end of the year 2016Filing an Income Tax Return for 2016, before 2016 is finished is not possible.
The earliest occasion to file is after the tax year 2016 has ended, even if you will leave Czech Republic before the year's end. Also complete de-registration from Tax / Social / Health systems will be possible only after filing the Income Tax Return.
It is possible to already order the Tax Return now - we just will not be able to process and file the Return until 2017, although we will be able to tell you whether it makes sense to file and if so, whether you would be entitled to receive anything back from the Tax Office.
Important: Even if you have paid years Social-, Pension- and Heath contributions - there is no way to claim any of those back, even not with a filed Income Tax Return.
Important: LATE FILING after 31.03.2017It is possible to file a Personal Income Tax Return for 2016 between 1.1.2017 and 31.03.2017.
However, we also need time to process and prepare your Tax Return. Therefore we kindly ask you to order and send in your documents as early possible, preferrably in January or February, but no later than 16.3.2017 else we cannot guarantee the Tax Return will be prepared and filed in time.
AFTER 31.03.2017 we can still prepare and file your Tax Return, but it will be a LATE FILING and the Tax Office will charge a penalty, which will become higher the longer you wait with filing the Tax Return.
If you are not able to gather the papers in time for filing - You can can ask for an extension, see below: