SOCIAL insurance ADVANCES in the year 2024
As of January 1, 2024, the minimum monthly payments on social insurance will increase as follows:
• 1 413 CZK for freelancers having their business as side activity (vedlejší činnost)
• 3 852 CZK for freelancers having their business as main activity (hlavní činnost)
Every self-employed person (OSVČ) who paid social insurance advances in 2023 in an amount lower than the minimum valid for 2024 must pay new advances at least in the amount of the minimum set for 2024 FROM JANUARY 2024.
This amount is to be paid until the month following the month in which the Summary of Income and Expenses (following the Income Tax Return) is or should be submitted.