Cordoba, take a look here
http://www.alexio.cz/business_tax_ra..._republic.html
Quote:
Employee / Income Tax, Social Charges and Health Insurance
Employee/Personal Income Tax
15% - this used to be higher, between 15% and 32%.
The downside is that now to the gross salary ('hruba') first social- and health charges are added (the so-called 'super hruba') and from that 15% is calculated.
Employee Social Security Charges
25% - employer's part,
6.5% - employee's part
Employee Health Insurance Charges
9% - employer's part,
4.5% - employee's part
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Just a quick calculation based on the info from that website. I might be wrong
Health + Social: 25% + 6,5% + 9% + 4,5% = 45%
Tax base: 145%
Income tax: 15% * 1.45 = 21.75%
Combined direct income tax: 45% + 21.75% = 66.75%
The trick is that the tax has been split up between the employer and the employee, so the tax looks much lower from the employee's point-of-view than the true cost.
A self-employed person has to pay both the employee, and the employer part.
Another trick is that they call it "health insurance" and not "health tax".
My best advice is to ask a tax advisor to get the accurate info.
