Home page / Messages / Limiting cash payments (2015)
Limiting cash payments (2015)
monday, 23 March 2015

As in previous years, also in 2015 the limit of cash payments was lowered. From January 1, 2015, we can pay invoices up to CZK 270,000 in cash (in 2014, it was CZK 350,000). Below we quote an excerpt from the Tax and Fees Act.

Limiting cash payments (2015)

§ 4
(1) The payer paying for the liability exceeding 270,000 CZK (hereinafter referred to as the"limit") is obliged to make the payment by bank transfer.
(2) Recipient of the payment that exceeds the limit , cannot accept this payment if it has not been made by bank transfer.
(3) A foreign currency payment for the purposes of this Act will be converted according to the Czech koruna exchange rate announced by the Czech National Bank and in force on the date of payment. < br /> (4) As before, the limit applies to all transactions between the same entities on a given calendar day.


photography: Pixabay.com






business Contact data

Sowinski.cz
Šafránice 555
547 01 Náchod 1
Czech Republik
VAT ID: CZ8410083946

Phone +420 774 68 24 00
account_balance_wallet Average Rate Currency

24.01.2025
EUR 1.6600 AUD
EUR 25.097 CZK
EUR 0.84413 GBP
EUR 408.85 HUF
EUR 4.2138 PLN
EUR 11.4590 SEK
EUR 1.0472 USD
© 2010 - 2025 Jakub Piotr Sowiński