The Czech Ministry of Finance resolved to abolish the obligation of self-employed persons and small companies to make advance payments of income tax in 2009. Taxes covered are restricted to corporate income tax and tax on earnings of the self-employed.  Income tax withholding on employee wages is not covered by this decision.

This decision impact self-employed persons and legal entities with 5 or fewer employees as of 1 December 2008. This step is connected with the govenment's crisis management plan.

Participation is automatic - no special request or authorization from the Financial Authority is required. All advances made will be classified as overpayments unless a letter is sent to the Financial Authority requesting them to be considered advance payments. The official notice from the MF is located here.