Everything-you-need-to If you have children! you can significantly reduce your income tax or even qualify for a tax bonus. The tax bonus can be received by self-employed persons and employees who meet the conditions set by law.
What is a child tax credit?
Which child can be eligible for a tax credit?
Conditions for obtaining the child tax bonus
Tax bonus for children for employees
Tax bonus for a child for self-employed specific database by industry persons
What documents are needed to prove entitlement to a tax bonus?
What is a child tax credit?
Tax credits reduce the amount of income tax already calculated. The child tax credit is the only one that can reduce the tax to negative values! which creates a tax overpayment (tax bonus). So if your child tax credit is higher than your income tax! the tax office will pay you the difference.
However! to claim the child tax bonus! you must meet several conditions
Which child can be eligible for a tax credit?
However! a child aged 18-26 cannot be granted a disability pension for third-degree disability.
For the purposes of granting a tax benefit! the following are considered dependent children of the taxpayer :
own child!
adopted child!
own grandchild or grandchild of the other spouse! if his parents do not have sufficient income from which they could claim the tax benefit.
According to the Income Tax Act even if he or she lives with the child discover how to streamline your processes with these quick actions in the same household.
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Amount of tax credit (tax bonus) per child for 2024 and 2025
The discount amount in 2024 and 2025 is:
CZK 15!204 per year for the first child!
CZK 22!320 per year for the second child!
CZK 27!840 per year for the third and each subsequent child.
These amounts are for the entire calendar year! if the taxpayer applies the discount monthly!
As of 2021! the upper limit for the payment of the tax bonus! which previously amounted to CZK 60!300! no longer applies! thus limiting the payment of the bonus to the 4th and subsequent children.
What happens if a child is born/comes of age during the year?
You can claim the child tax credit for each calendar month in which the child met the conditions for at least part of the month . This means that if the child was born on! for example! October 26! you will claim the tax credit for 3 months (October-December).
If a child reaches the age of majority during the b2c phone list year (or a child over 18 years of age completes full-time studies or a student child reaches the age of 26)!