Dear Readers,
We have prepared a new feature in the Payminator application that allows greater flexibility when requesting monthly tax rebates.
Before introducing the new features, we would first like to recap the standard rules currently applied in the application. A new employee has a 30-day period from their employment start date to apply for monthly tax rebates. If an employee wants to request monthly tax rebates outside the annual tax reconciliation period and more than 30 days have already passed since their employment start date, all rebates they wish to claim can only be applied from the following month.
New employee onboarding is also connected to the already existing feature in the application called “Taxpayer Tax Rebate from Employment Start Date”. This feature applies to employees who start employment during the course of a month. If enabled, employees who join during a month are not required to upload an affidavit confirming that they are not claiming the taxpayer tax rebate elsewhere during that month, and they may apply the basic taxpayer tax rebate already in the month of joining. If this feature is disabled, the employee must upload the affidavit confirming they are not claiming the tax rebate elsewhere during that month. Without this affidavit, they may only apply for the taxpayer tax rebate from the following month.
The new feature in our application is called “Allow Claiming for the Current Month”. This feature introduces greater flexibility when claiming monthly tax rebates. If enabled, all employees — including those who are no longer within the 30-day period from their employment start date — may request monthly tax rebates already for the current month. If disabled, the standard settings apply, meaning employees outside the 30-day period may only apply rebates from the following month onward. By enabling this feature, companies allow employees who realise during the month that they would still like to claim a rebate, without waiting for annual tax reconciliation, to do so immediately.
Of course, all of this applies only outside the annual tax reconciliation period. During the annual tax reconciliation period, employees may apply for monthly tax rebates each year until 15 February in accordance with Section 38k of Act No. 586/1992 Coll., the Income Taxes Act.
The second new feature concerns the tax rebate for a newly born child. If an employee has a child born during the year, they have a 30-day period from the child’s birth date to report the rebate. If they submit the request within these 30 days, they may claim the rebate for the newly born child already from the month of birth. However, if they miss the deadline, the standard rule applies again, and they may only request the rebate from the following month onward. Rebates for previous months from the birth date can then only be claimed retrospectively during annual tax reconciliation.
Your Payminator Team
