The state is constantly looking for new sources of revenue, usually finding that the only people it can get money from are its citizens. We already have a very burgeoning tax system here, while in recent years we have observed an increasingly vehement effort to recover even the last crown that belongs to the state, but perhaps did not quite flow to it within some gray zone.
So far it has been a gray area
One thing is tax optimization, which is completely legal when done correctly. The second is the bet that someone simply won’t pay the tax, because they believe that the state will never find out about their income, so they won’t ask for anything from them.
A typical example of this phenomenon was the various transactions that have grown significantly within the framework of sales on the Internet. Today we have a large number of online marketplaces where anyone can sell anything, whether it’s bazaar or new goods. At the same time, it is true that until recently no one paid much tax on these incomes, because they did not expect that the tax office would find out about it, especially when the transaction took place in cash, for example.
But this has not been the case since last year, so you should be really careful when filling out your tax return about what you declare and what you don’t. Of course, you should admit everything, even today on the grounds that the state probably already knows about it.
When to be careful
From 2023, internet platforms, such as marketplaces, are obliged to report transactions that take place on them to the tax authority in the Czech Republic. You might be surprised that you didn’t admit somewhere that you sold, for example, children’s clothes. You probably won’t be prosecuted for this, as these platforms will report transactions from a certain threshold. It is not completely publicly known, but there is speculation about some 50,000 crowns per person per year. Regularity of activity is also important. If you do this to some extent throughout the year and sell for example for 45 thousand crowns, it is definitely on the edge and you should be careful.
Read also: They slapped a new tax on the Czechs in 2024. You must admit this property immediately or you will lick it
The tax office will simply see all those who have traded to a greater extent, and then it is enough for them to compare it with their tax return. If it doesn’t match, a check will be made and it will probably come up with a lot of things. At the same time, it is true that they will also look into the past of the person being checked and may come up with a nice mischief. The result can be a really hefty fine.
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2024-01-20 17:00:00
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