Tax returns intended for payers with income from employment only

According to the information published on the web pages of the Ministry of Finance, tax payers who have only income from dependent activities in 2016 can use a new simplified personal income tax return form. Generally, the form contains only data related to taxable incomes from dependent activities and to potential tax-exempt amounts and tax relief that are the base for calculating the respective income tax.

The simplified form can also be used by tax non-residents who have income from employment from sources located in the Czech Republic. On the contrary, tax payers who have income from dependent activity from sources located abroad cannot use the form.

Examples of the 2016 personal income tax return forms should be available in mid-December, the forms intended for electronic submission in January 2017.