Category Archives: NOVINKY

Europe and Asia Spring Meeting 2022 in Milan

Ondřej Kochman attended from 16 – 18 June 2022 the Europe and Asia Spring Meeting 2022 of Lexwork International in Milan. Lexwork International is an association of high quality mid-sized independent law firms with offices in major cities located across Americas, Europe and Asia. This meeting the first in-person meeting since 2019 and we are glad we

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Granting Travel Allowances

On 10 May 2022, the Ministry of Labour and Social Affairs promulgated Decree No. 116/2022 on the change of the basic compensation rate for the use of road motor vehicles and meal allowances and on the determination of the average fuel price for the purpose of providing travel allowances. With effect from 14 May 2022,

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Central Circle Meeting in Munich

After a long series of online meetings we welcome any opportunity to meet in person. This year’s European Central Circle Meeting of the international network MGI Worldwide, that was held on 5th and 6th May 2022 in Munich, was attended by LTA tax advisors Hana Daenhardtová, Lenka Pól Brožková and Alexander Novák. In addition to

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LTA newsletter – May 2022

Estimated items and provisions from the auditor’s point of view Michal Gabriel In the following text, we present a summary of the basic rules for the creation and settlement of estimated items and provisions in accounts and draw attention to ills in practice with implications for tax proceedings. One of the basic principles of Czech

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MGI TALENT MEETING IN AMSTERDAM

Our colleagues Kateřina Poláková, Roberta Hulanská and Nina Kuznetsova attended the MGI European Talent Meeting, which took place this year on 1.4.2022 in Amsterdam. MGI Worldwide is major international accounting network and association of independent audit, accounting, tax and consulting firms, with a secure position firmly in the top 20 global rankings of networks and

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Tax newsletter – March 2022

The National Accounting Council’s interpretation concerning received foreign currency advances Barbora Kratochvílová At its meeting held on 31 January 2022, the National Accounting Council approved the text of a new interpretation called I-47 Received Foreign Currency Advances, which loosely follows up on Interpretation I-43 Provided Foreign Currency Advances. The aim of both interpretations is to

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