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Spotlight issue

16th January 2023 / Competitiveness / Tax & Finance


What’s new in tax for employees in 2023?

With the new year come changes in employee taxation as well as social security and health insurance. The maximum assessment base for social security contributions has increased and the limit from which wages are taxed at 23% has been raised. Many employers will be keen on the possibility to apply a discount on insurance premiums for selected ‘vulnerable’ employees in part-time employment. And after almost twenty years, the income threshold for the obligation to file a personal income tax return has been significantly increased.

12th January 2023 / Competitiveness / Employment and Social Affairs


The top ten in-demand tech jobs to apply for in 2023

The importance of digital infrastructure has increased immensely in the last three years. What was already a priority for many organisations suddenly became a necessity. As a result, the number of tech jobs available rocketed.

Now these organisations have had time to stabilise, reflect and assess their needs for the future. It’s no secret that digital skills are already imperative for many in the workforce and innovation means that these will continue to be in demand among employers.

12th January 2023 / Competitiveness / Tax & Finance


New Manual for Intrastat reporting as of 1 January 2023

The Czech Statistical Office has published an updated version of the informative manual summarizing the rules for Intrastat reporting in 2023. The manual is published annually and although not legally binding, it serves as a practical aid for the preparation of Intrastat reports.

11th January 2023 / Competitiveness / Energy and Environment


Could the metals shortage derail the energy transition?

Amid worldwide efforts to go green, high demand for basic and precious metals along with supply chains that have been disrupted by a pandemic and now the Russia–Ukraine crisis are causing major challenges.

As disruption in energy supplies continues to reverberate throughout the world’s economies, another equally insidious, if less conspicuous, disruption is unfolding: shortages of key basic and precious metals. 

10th January 2023 / Competitiveness / Employment and Social Affairs


ManpowerGroup Employment Outlook Survey - Q1 2023

A message from Jonas Prising, ManpowerGroup Chairman & CEO:

“Our report indicates that there are early signs of labor markets softening and hiring intentions moving lower given the economic headwinds we are experiencing. Though employers say they are beginning to dial down their hiring plans in some areas, we still see strong demand for specific skills including IT, logistics, and finance. Amidst a cost-of-living crisis, and a depreciation in real-time wages, companies need to think more than ever about attracting and retaining their workers – that might start with pay, yet our data tells us flexibility, career development, and purpose-driven work is worth up to 5% of salary to many workers. There are lots of levers available for companies to attract and retain the talent they need to stay competitive.”

 

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic