Archives: Linkedin články

In 2003 the Income Tax Act had 35,000 words, today it has almost 3 times more

In 2003 the Income Tax Act had 35,000 words, today it has almost 3 times more i.e. over 100,000! The ⚜Ancient legend⚜ tells of 3 wise men (kings) who came to worship Jesus and brought him 3 gifts. The modern legend says that the gifts were: the reintroduction of the “tax licence”, an increase in […]

Dancing hamsters

Dancing hamsters. Until the summer of 2022, like most of the public, I probably perceived them only as a catchy advertisement, the logo of a successful Slovak e-commerce company. Although Jaroslav Chrapko was a publicly known CEO, I didn’t know his story in detail. Last summer, I received an offer that was not to be […]

RENTAL PROPERTY. HOW IT IS BEST FROM THE POINT OF VIEW OF TAXES AND LEVIES

RENTAL PROPERTY. WHAT’S BEST FROM A TAX AND TAX DEDUCTION PERSPECTIVE The FO plans to buy 3 rental apartments. The purchase price is EUR 200 000 incl. VAT/apartment. The rent will be 850 EUR/apartment including energy. Costs assume (apartment/month): ➡️ Energy: 200 EUR; ➡️ Insurance: 10 EUR; ➡️ Interest: EUR 100; ➡️ Renovations: 100 EUR; […]

The state has prepared a novelty for us in the form of an amendment, which speaks about the mandatory correction of deducted VAT on unpaid invoices that are 100 days overdue.

An attorney, a tax advisor, a general accountant, and myself will meet. No, it’s not the start of a joke, but another hearty meeting on the VAT amendment. The state has prepared a novelty for us in the form of an amendment that talks about the mandatory correction of VAT deducted on unpaid invoices that […]

UNPAID LIABILITIES AFTER 100 DAYS AND DPH REFUND

UNPAID LIABILITIES AFTER 100 DAYS AND DPH REFUND. WILL SOME ACCOUNTANTS QUIT (BUT NOT BECAUSE OF AUTOMATION)? The novelty (amendment effective from 2023) is based on a long-standing EU requirement (simplified): if a company fails to pay an invoice, it must reimburse the VAT deduction claimed (“Customer”). If companies fail to pay an invoice, they […]

The end of the year is always an intense time for transactional lawyers

The end of the year is always an intense time for transactional lawyers. For 2022, our M&A and VC mandates grew by almost 50% year-on-year. In the last quarter of last year, we were particularly busy with two transactions that stood out from the average in terms of their value and significance for the target […]

MINIMUM HEALTH LEVIES – STATUTORY BODIES

MINIMUM HEALTH BENEFITS – STAFF Around the new year, all 5 of us were on holiday for the first time with our little family. The perfect term. The perfect space to rack up some honest “family hours”. However, a law was passed on 12/22 and published on 12/30 that introduces so-called minimum health levies for […]

We tested the entire flow from the receipt of the supplier invoice to the actual posting to the accounting software

There is no time to waste. We have TESTED the document flow between the client, the accountant and the software (fortunately not full-scale like Igor’s) 🤭 We have tested the entire flow from the receipt of the supplier invoice to its actual posting to the accounting software. The first two problems are usually on the […]