Write-off, Depreciation of Goods, standard rules and special rules

Standard Depreciation of Goods (2021)

In Czech Republic depreciation of goods, divided in 6 'write-off' groups, can vary from 12 to 600 months:
  • group 1, 3 (1) years: Office supplies, IT equipment, tools, bicycles
  • group 2, 5 (2) years: cars, minibuses and trucks, monitors and projectors, TVs and radios, prefabicated wooden / plastic buildings, consumer electronics, furniture
  • group 3, 10 years: concrete / metal buildings, air conditioning, heating, lifts
  • group 4, 20 years: buildings of wood or plastic, fences, external lighting
  • group 5, 30 years: production halls, highways, roads
  • group 6, 50 years: hotels and administrative buildings, department stores, schools
Note: This list is far from complete, see also this webpage

As a rule of thumb, anything tangible for the company costing less than 80.000 CZK can be written off in one year.

Special Write-Off - Mimorádné Odpisy

For group one (for example computers, office equipment)
  • Instead of 3 years, it is now possible to write off 100% in only 12 months:
For group two (for example cars)
  • Instead of 5 years, it is now possible to write off 100% in only 24 months:
  • during the first 12 months, 60% of the value,
  • during the last 12 months, 40% of the value,
There is a conditions:
  • you must be the first owner, so this doesn't work for second-hand items.