From January 2019, the minimum wage will increase from CZK 12,200 to CZK 13,350.
Changing the minimum wage also has tax implications, such as an increase:
payments of health insurance premiums for non-taxable persons, which increases from this year's 1.647 to 1.802 CZK,
increased rebates for the placement of a child, so-called kindergarten,
raising the limit for the possibility of applying the tax bonus to CZK 73,200.
Author: Pavla Jánišová, Senior Tax Consultant APOGEO Group