Czech Republic

The following annual tax credits may be available to individual taxpayers for 2023:

• General personal tax credit: CZK 30,840 (CZK 27,840 for 2021).
• Dependent spouse tax credit: CZK 24,840 if the spouse lives with the taxpayer and does not have income in excess of CZK 68,000. Criteria for this deduction will be limited as of 2024 and applicable only in case that the spouse is taking care of a child who is no older than three years.
• Child tax credit: CZK 15,204 for the first, CZK 22,320 for the second, and CZK 27,840 for the third and other following dependent child (under certain conditions). If the total tax is lower than the respective child credit, the taxpayer will receive a special tax bonus equal to the difference between the child allowances and one’s tax liability. Until 2020, the maximum amount of tax bonus was CZK 60,300 per year. As of 2021, this limitation was abolished.
• Deduction for placement of child in a pre-school facility: Actual provable expenses up to the annual limit of CZK 16,200 (CZK 15,200 for 2021). This deduction is abolished as of 2024.
• Disability tax credit: CZK 2,520, CZK 5,040, or CZK 16,140 (depending on the severity of disability).
• Student tax credit: CZK 4,020 (for regular students up to 26 years old and university-level doctoral students up to 28 years old). This deduction is abolished as of 2024.