Czech Republic Income Tax Rates for 2024

Czech Republic Income Tax Brackets

Czech Republic has a flat income tax rate of 15.00% applicable to all people, regardless of income level.

How does the Czech Republic Income Tax compare to the rest of the world?

Czech Republic has one of the lowest income taxes in the world, charging a maximum income tax of 15.00%. Countries with similar tax brackets include Denmark with a maximum tax bracket of 18.67%, Slovak Republic with a maximum tax bracket of 19.00% and Estonia with a maximum tax bracket of 21.00%. Keep in mind that our ranking measures only nationwide income taxes, and does not account for local income taxes at state, province, or municipal levels.

Maximum Income Tax	Income Tax Allowance	World Tax Rank
15.00%	Kč24,840 ($0 USD)	33rd of 34

What is the Czech Republic Income Tax?

Czech Republic's personal income tax is a flat-rate income tax that must be paid yearly by all citizens to the government of Czech Republic. Failure to pay, or underpayment of, the Czech Republic income tax can result in high fees, fines, or jail time.

In addition to Czech Republic's income tax, other taxes may apply to wages or profits earned, including social services, medical care, and capital gains taxes.

Czech Republic Income Tax Allowance

Czech Republic provides most taxpayers with an income tax allowance of Kč24,840, which can be kept as a tax-free personal allowance. Czech Republic's tax credit is a basic wastable tax credit, non-tapered, available to all (single) taxpayers without dependents.

A tax credit is a fixed amount of money that may be kept by taxpayers without paying any income taxes. Generally, a tax credit is subtracted from your gross income before your taxable income is calculated.