Plánované změny v daňových odpisech dlouhodobého majetku

Planned changes in tax depreciation of long-term assets

The planned amendment to the Accounting Act, and the related implementing amendment to the Income Taxes Act, brings significant changes to the tax depreciation of long-term assets. The comment procedure has now been completed and the Ministry of Finance is processing the individual comments. Details of the amendment are available HERE.

The proposed effective date is 1 January 2025. However, given the current state of the legislative process, the most likely effective date seems to be 1 January 2026 at the earliest.

The amendment should, among other things, completely abolish the individual tax depreciation groups (1-6) and increase the value limit for tax depreciation from the current CZK 80,000 to CZK 100,000.

Three basic minimum tax depreciation periods should be introduced, namely:

• 5 years (for movable assets and immovable assets with a value of up to CZK 2 million),
• 15 years (for goodwill) and
• 30 years (for other immovable assets with a value above CZK 2 million).

Tax depreciation will be applied on a monthly basis, i.e., the option of straight-line or accelerated depreciation will be abolished. Tax depreciation will not be interruptible.

If you would like more detailed information, please contact the authors of this article or other members of the EY team with whom you work regularly.

Authors:

Vladislav Pejchal

Marek Sloup

Patrik Zítka