Sole traders in the flat-rate scheme will pay higher flat-rate advances from 2023. The merged monthly payment will include, as before, the increased minimum health insurance premium of CZK 2,722, the minimum social insurance premium increased to CZK 3,386, and income tax of CZK 100. With regard to these increases, from January 2023 taxpayers in the flat-rate tax regime will now pay monthly advances of CZK 6,208. These monthly payments can be prepaid for several months in advance or even for the entire year.

Current flat-rate taxpayers, who qualify for 2023, need to change their monthly advance to CZK 6,208 in their January payment already. If a sole trader enters the flat-rate tax scheme in January 2023 and submits a notice of entry into the flat-rate scheme to the tax administrator by 10 January 2023, the first advance payment will be due on 20 January 2023. He is then obliged to make monthly payments on the 20th of the month until 20 December of the given calendar year.

Author: Roman Burnus, Valérie Kovářová