Updates 2019 - health and social insurance advance payments for sole entrepreneurs (OSVČ – ŽIVNOST)
Updated: Mar 12
Starting 1st January 2019, the minimum advance payments for social and health insurance will increase as an aftereffect of raising average wage; social and health insurance minimum payments is calculated from the average wage which rose to CZK 32,699, compared to 29,979 in 2018. The minimum social insurance advances will increase to CZK 2,388 (increase by CZK 199) for main activity and CZK 955 for minor activity (increase by CZK 79). Advances for health insurance will rise to CZK 2,208 compared to CZK 2024 in 2018.
In 2019, the policy for insurance payment deadlines will change. As of January 2019, the prepayments will apply in the calendar month to which the deposit applies i.e. January advances have to be paid already in January. The payment must be credited to the social administration account from the first to the last day of the month. In case of delay, the office will charge 0.05% of the outstanding amount for each day.
For smooth transition to the new payment policy, tax payers can pay December 2018 social insurance advances between 21st and 31st December 2018 before the January advance payment or pay December 2018 social insurance advances after submitting the income statement for 2018. This, however, does not apply for health insurance. December 2018 health insurance advances must be paid between 1st and 20th January 2019.