CALCULATIONS OF INCOME FROM DEPENDENT ACTIVITIES AND EMOLUMENTS OF OFFICE-HOLDERS

  1. The Smith’s family has two gainful members and two teenagers. Mr. Smith’s gross income is CZK 8,200 per month and Mrs. Smith’s gross income is CZK 6,700 per month. Mr. Smith has got children from previous marriage and his employer removes him alimony (CZK 800) from his wage. Mrs. Smith has the partial disability pension. Compute the net wage of both partners.
  1. The Black’s family has two children. Older of them is an university student and his own annual income is CZK 36,000. Mrs. Black is a housewife and her net annual income is CZK 18,000. What is Mr. Black’s net wage, when his gross income is CZK 20,500 per month?
  1. The Novak’s family has one dependent child. Mr. Novak’s gross income is CZK 16,000 per month. He claims tax reliefs from his employer and except this employment he has also overwork for other employer (CZK 2,900 per month). His wife is on the maternity leave with her child and she does not have any income. What is monthly net wage of this family?
  1. The Prokop’s family has one dependent child. Mr. Prokop gets gross wage CZK 25,000 per month in his employment and in an overwork he earns CZK 5,500 from the same employer. His wife studies and her university gives her a scholarship (CZK 1,000). How many crones does represent the net wage of this family?

The taxpayer (an employee) is an university student and he works during his summer holidays on the basis of the contract on services. The contract was concluded from 1st June 2011 to 30th September 2011 at a restaurant, acting as a waiter. He is single and signed the form, where he claimes his tax reliefs on 31st July (It was not within the set time-term of 30 days from the employment entry.). When the tax period finishes, he will present the certificate from school and ask his employer for implementation of the annual accounting of his tax advances. What will be the tax advances and overpayment of this student?

month / Gross salary / Drawback / Tax advance
June / CZK 5,000
July / CZK 15,000
August / CZK 15,000
September / CZK 5,000

Mr. Novak took up his employment on 1st September 2011 and signed the statement where he claimed the basic tax relief to reduce his taxable remuneration . At this time he concluded the agreement on the performance of a work assignment with other employer. On 13th February he will fill in his tax return. What will be the amount of his tax in taxable period of 2011? Will be there tax overpay or debt toward the financial office?

month / employment
(gross wage) / insurance
(social and health) / tax advance
September / 7,500
October / 2,000
November / 11,000
December / 5,500
total / 26,000
agreement
(gross wage) / drawback / tax advance
500
6,000
5,200
500
total

The university student concluded the agreement on working activity with his employer in software company from 1st July to 30th September 2011. The subject of his activity was software development in the area of the acounting. He signed the form of „The Statement“ in the regular deadline and proved his tax relief through the study certificate. On 10th February 2012 he will ask his employer to make the annual account of tax advances. What will be student’s income tax? Is his income tax overpaid?

month / gross wage / social and health contributions / tax advance
7 / 40,000
8 / 7,000
9 / 35,000

Mr. Smith started his employment on the basis of an employment contract on 1st July 2011. He has two dependent children and he signed the form of “The Statement” in August. On 10th February 2012 he will ask his employer to make the annual account of tax advances. What is Mr. Smith’s income tax? Is there any overpayment?

month / gross wage / social and health contributions / tax advance
7 / 13,000
8 / 15,000
9 / 20,000
10 / 25,000
11 / 18,500
12 / 20,000
Total