1st February 2021

Minimum wage in the Czech Republic to be raised again in 2021

The amount of the minimum wage also has impact e.g. on:

- Eligibility of a tax break for enrolling one’s child in a daycare facility
- Raising the threshold of annual earnings which determines whether the taxpayer is entitled to a tax bonus
- Raising the monthly health insurance contribution for people without taxable income, and increasing the monthly minimum payment toward health insurance coverage.

Source:
www.mpsv.cz

AUTHOR

Members of the American Chamber of Commerce in the Czech Republic