Appreciation of the corporate nursery benefit

From January 2024, a non-monetary benefit provided to the employee in the form of using a pre-school childcare facility is tax-exempt up to an amount equivalent to half of the average wage (CZK 21,983 in 2024).

Effective in 2024, the amendment newly introduces two ways to appreciate such benefits. The employee can chose the manner of appreciation: either (i) the usual price in the given place and time for the use of a kindergarten established by the state, country, municipality or voluntary association of municipalities or (ii) the highest monthly price for pre-school education according to the directive on pre-school education (CZK 1,512 per month in 2024).