We have experience with payroll grants in the Czech Republic and we have successfully helped our clients with grant application preparation and processing. We can guide you through the entire process. We can even act on your behalf with the power of attorney you provide us.
We are one of the very few accounting companies which has a software for subsidies calculations. Therefore, we are capable of processing and calculating them efficiently.
Current payroll grants in the Czech Republic:
APZ
subsidy for employment of disabled people
Apply for a payroll grant as an employer of disabled people to subsidy part of your employment costs. To be entitled, you should employ at least 50% of employees with disabilities. You would then be entitled for quaterly subsidies and a major income tax discount.
FLEXI
subsidy of flexible shared working positions
Apply for apayroll grant as an employer of employees who are unable to undertake full time positions. Grants are applicable for newly opened positions which would be shared by at least two employees (according to § 317a of the Labour Code).
OUTPLACEMENT
subsidy for structural changes
Apply for payroll grants for new employees who, are leaving their current job due to the undergoing structural changes.
INICIATIVA
subsidy for employment of young people
Apply for payroll grants for new employees under the age of 30, that have disadvantages in access to a labour market and are currently unemployed (currently applicable for the following regions: Ustecky kraj, Moravskoslezsky kraj and Karlovarsky kraj).
PDU
subsidy for persons, who are unemployed long term
Apply for payroll grants for new employees who are unemployed long term and registered at a labour office (in Czechia referred to as Urad prace CR).
Aims of the grant:
- increase employment rate of the long-term unemployed workforce
- prevention of illegal working
- inclusion of socially disadvantaged people
- support via complex advisory and motivation for people to work
- subsidy of jobs
Frequently asked questions about payroll processing
How cooperation takes place
At the end of the month, your supervisors will send attendance sheets and wage calculations, or the data will be automatically transferred from the attendance system to our payroll system. Our payroll accountant will review the inputs, process and check the wage calculations, and possibly send the summary for review. After confirmation, we will distribute the pay slips to the employees, send you the orders to draw up to the bank (e.g. in ABO/GPC/IKM format) and a file for direct accounting of wages into the accounting program (which we prepare according to the accounting program you use).
Accounting payroll costs according to cost centres
Due to the reduction of accounting records, payroll expenses are usually aggregated. We can set up aggregation up to several levels. Most often, wages are accounted for collectively for cost centers, or allocated to so-called white collar and blue collar. In smaller companies, wages are usually aggregated for the entire company.
What are the benefits of payroll outsourcing?
Outsourcing payroll benefits from:
expertise (we constantly monitor the latest payroll legislation and regularly train our payroll team)
automation (we strive to maximize the efficiency of payroll processing)
cost-effectiveness (due to the various payroll payment terms of our clients, we have work throughout the month)
discretion (maximum possible confidentiality of payroll costs, access only for authorized persons).
Which is the best attendance system?
There are many different types of attendance systems such as biometric, card reader, wireless, chip or coding.
Card reader is one of the most common attendance systems. This system consists of a card reader which is used to read the information stored on the card. The card can contain information about the employee such as his name, address, date of birth and more. The card reader is usually easy to use and inexpensive but can also be less reliable than other types of attendance systems.
Biometric attendance system is a technology used for the identification and authentication of individuals. This system usually consists of a fingerprint reader, a face scanner or an iris scanner. The fingerprint reader is used to identify a person based on his or her fingerprint. The face scanner or iris scanner is used to identify a person based on his or her face or iris. This system is usually reliable and secure but can also be expensive.
Wireless attendance system is a technology that allows employees to log in to the system wirelessly. This system consists of a wireless chip or card which is used to identify the employee. The chip or card is connected to a wireless reader which reads the information stored on the card. This system is usually reliable and secure but can also be expensive.
Chip attendance system is a technology used to identify an employee. This system consists of a small chip which is placed on the employee's workwear or identification card. The chip is read by a reader which is placed at the entrance of the building. This system is usually reliable and secure but can also be expensive.
Coding attendance system is a technology used to identify an employee. This system consists of a code which is stored on the employee's identification card. The code is read by a reader which is placed at the entrance of the building. This system is usually easy to use and inexpensive but can also be less reliable than other types of attendance systems.
Other services
Why us
Payroll Expertise
Our payroll specialists continuously maintain up-to-date knowledge about payroll and labour law. Our labour contract drafts are reviewed by the reputable law office Srubar & Partners.
Payroll Efficiency
We can beat internal payroll processing solutions by both quality and price. Because we work with various enterprises with different pay dates, we can hire and keep the most professional payroll accountants and have enough work for the entire month.
Payroll Discretion
We can provide your accounting department with aggregated data. Therefore, we can ensure absolute confidentiality. Payslips can be distributed directly to the email addresses of your employees.
GDPR Compliance
We strictly follow all requirements of the General Data Protection Regulation.
Data security
We guarantee the highest data security standards. All data is stored on our own servers and we also have our own IT department. We backup essential data a on daily basis and non-essential data on a weekly basis. We also do external backups on encrypted drives to make sure that none of your data is ever lost.
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