Tax allowances for children will increase. The maximum limit for the payment of a monthly bonus will be abolished
On 27 July 2021, Act No. 285/2021 Coll. was published in the Collection of Laws, amending Act No. 586/1992 Coll., on Income Taxes, as amended, specifically the area of tax allowances for children as defined in Sections 35c and 35d. Both amendments will decrease the tax burden of taxpayers.