{"id":3033,"date":"2020-01-23T23:50:08","date_gmt":"2020-01-23T21:50:08","guid":{"rendered":"https:\/\/www.moore-bdr.sk\/?p=3033"},"modified":"2021-10-06T15:21:35","modified_gmt":"2021-10-06T13:21:35","slug":"zmeny-v-plateni-preddavkov-na-dan-z-prijmov-pravnickej-osoby-od-1-1-2020","status":"publish","type":"post","link":"https:\/\/www.moore-bdr.sk\/en\/zmeny-v-plateni-preddavkov-na-dan-z-prijmov-pravnickej-osoby-od-1-1-2020\/","title":{"rendered":"Changes in advance corporate income tax payments effective 1 January 2020"},"content":{"rendered":"

\"\"A number of changes regarding the payment of advance corporate income tax payments took effect 1 January 2020 and are summarised below:<\/p>\n

    \n
  1. The<\/strong> lower threshold <\/strong>for paying <\/strong>quarterly advance tax payments<\/strong> rose from \u20ac2,500 to <\/strong>\u20ac5,000<\/strong>. <\/strong><\/li>\n<\/ol>\n
      \n
    1. All calculations are rounded <\/strong>to two mathematical decimal places<\/strong> effective 1 January 2020.<\/strong><\/li>\n<\/ol>\n
        \n
      1. A change was made to the procedure for calculating <\/strong>advance tax payments following the changes made in \u00a742 (6) and (7) of the Income Tax Act: <\/strong><\/li>\n<\/ol>\n

        \u201c<\/em>Tax for the previous tax year is understood as the tax calculated from the tax base less the deductible tax loss specified in the tax return for the tax year immediately preceding<\/strong> the tax year for which advance tax payments are made, while applying the tax rate pursuant to \u00a715 of the Income Tax Act as specified in the tax return filed for the tax period immediately preceding the tax year<\/u><\/strong> for which advance tax payments are made reduced by any tax relief specified hereunder\u201d (\u00a742 (6) of the Income Tax Act).<\/strong> <\/em>\u00a0\u00a0<\/strong><\/p>\n

        Effective 1 January 2020, the calculation of advance tax payments until the filing of the tax return uses <\/strong>the tax rate valid in the tax year immediately preceding the tax year for which advance tax payments are made <\/strong>(until 31 December 2019, the tax rate valid in the tax year in which the advance payments were actually paid was used).\u00a0 As of 1 January 2020, tax is only reduced by the tax relief provided under the Income Tax Act, while until 31 December 2019, the tax was reduced by other items: a set-off for taxes paid abroad and withholding tax (\u00a743 of the Income Tax Act\u201d) were considered advance payments. <\/strong><\/p>\n\n\n\n\n
        Advance tax payment calculation until 31 December 2019<\/strong><\/span><\/td>\nTax calculation for the previous tax year <\/strong>effective 1 January 2020<\/strong><\/span><\/td>\n<\/tr>\n
        tax base<\/strong> less the deductible tax loss (row 500)<\/p>\n

        \u00d7<\/strong><\/p>\n

        tax rate <\/strong>valid in the tax year for which advance payments are made (21%)<\/p>\n

         <\/p>\n

         <\/p>\n

        reduced by:<\/strong><\/p>\n

        –\u00a0\u00a0\u00a0 tax relief<\/strong> under the Income Tax Act (row 610)<\/p>\n

        –\u00a0\u00a0\u00a0 set-off for tax paid abroad <\/strong>(row 710)<\/p>\n

        –\u00a0\u00a0\u00a0 withholding tax <\/strong>set-off as an advance payment (row 1030)<\/p>\n

        = tax for the preceding tax year<\/strong><\/p>\n

        (row 1110)<\/td>\n

        		tax base<\/strong> less the deductible tax loss (row 500)<\/p>\n

        \u00d7<\/strong><\/p>\n

        tax rate <\/strong>valid in the tax year:<\/p>\n

        \u00a0for advance payments paid until the 2019 tax return filing deadline \u2013 tax rate valid in 2018 \u2013 21%<\/em><\/p>\n

        for advance payments paid after the 2019 tax return filing deadline \u2013 tax rate valid in 2019 \u2013 21%<\/em><\/p>\n

        \u00a0<\/em><\/p>\n

        reduced by:<\/strong><\/p>\n

        –\u00a0\u00a0\u00a0 tax relief<\/strong> under the Income Tax Act (row 610)<\/p>\n

        –\u00a0\u00a0\u00a0 (rows 710 and 1030 no longer included)<\/strong><\/p>\n

        = tax for the preceding tax year<\/strong><\/p>\n

        (row 1110)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

         <\/p>\n

        the payment of advance tax payments is laid down in\u00a0\u00a742<\/strong><\/a>\u00a0of the Income Tax Act:<\/p>\n