Ing. Viktória Horáčiková
Tax Advisor
Approaching the deadline for filing the 2025 tax return is the time when companies fully confront the question of how much corporate income tax they will pay. Most business owners and managing directors already have a fairly good overview of revenues, expenses, and the profit the company has achieved during this period. And although, as the filing deadline approaches, there is no longer room for every optimization step, there are still decisions that can influence the final tax liability.
Taxes Are Not Just About Filing, but About Strategy
The amount of tax a company pays is influenced by:
- ongoing profit development
- correctly claimed expenses
- payment timing
- the method of depreciating assets
- the use of statutory tax benefits
- and, in the long term, the form of doing business
Companies that address taxes continuously have more options, more peace of mind, and often a lower tax liability.
A Clear View of the Company’s Results Is the Basis of Optimization
If a company does not have an overview during the year of:
- what profit it has
- what expenses it still plans
- what the tax base could be
it has no chance of making informed decisions. Ongoing oversight makes it possible to respond in time – invest, pay expenses, adjust strategy, and prepare for the level of tax as well as cash flow.
Paid Expenses Matter
A common mistake in small and medium-sized companies is that expenses exist but are not paid. From a tax perspective, however, a simple rule applies – some expenses reduce the tax base only at the moment they are actually paid. In the case of some companies, these items can involve significant amounts which – if left unpaid – can unnecessarily increase the tax liability when filing the tax return.
Typically, this includes brokerage services, consulting and legal services, accounting services, rent, licenses, and others.
If these expenses are to reduce the tax for 2025, they must be actually paid by the end of the year. It does not matter whether they are paid by bank transfer or in cash – what matters is that the payment is demonstrably made.
Suspension of Tax Depreciation: When It’s Worth Waiting
A fairly commonly used method of tax optimization is the option to suspend tax depreciation of tangible assets and then continue it in a period when it is more advantageous for the company.
In practice, this means:
- the company does not have to claim tax depreciation automatically every year
- if it has a weaker year or a loss, it may decide to suspend depreciation
- in a year with higher profit, it will claim it again and achieve a better tax effect
This tool is ideal for companies with fluctuating results and is a typical example of optimization.
Micro-taxpayer: An Advantage Many Companies Overlook
Micro-taxpayer status brings several tax benefits. Despite this, many small companies still do not know about this option or do not use it.
Micro-taxpayer status can allow a company to:
- apply a tax loss more flexibly
- work with asset depreciation more advantageously
- create provisions more advantageously
Here too, the potential of this benefit is lost without planning and timely action.
Optimization for the Future: Is Your Form of Doing Business Still the Right One?
Tax optimization does not concern only the current year. One of the strongest tools for future optimization is the right choice of the form of doing business.
A natural person starting a business often considers:
- operating as a sole trader (trade license)
- or establishing a limited liability company
This decision has a significant impact on:
- tax burden
- the amount of social and health contributions
- the level of business risk
- further optimization possibilities
What Happens If Taxes Are Addressed Too Late
Companies that leave taxes to the last minute often:
- miss out on statutory benefits
- pay higher tax than they would have to
- have no time for consultation and planning
- deal with stress instead of strategy
Conclusion: Taxes for 2025 Are Handled Today
Tax optimization is not a one-time act when filing a tax return. It is a process that starts with decisions during the year and continues with strategic planning for the future.
Not sure whether you are using all available options?
A consultation with our tax advisor can show you where your company is unnecessarily overpaying on taxes, what steps can still be taken this year, and how to prepare for a more tax-efficient next year.
The above information on this website is intended to give you a basic overview of tax, accounting and legal regulations. It is in no way intended as a guide to their application in practice, which may differ significantly from the legislation in force at any given time. The information on this website does not guarantee legal, accounting, tax or other professional advice or services. As such, the information should not be taken as a substitute for professional consultation with accounting, tax, legal or other advisors. EMINEO PARTNERS shall not be responsible or liable for any discrepancies, omissions or results obtained from the use of this information. All information and examples are provided without any warranty as to their applicability in practice. EMINEO PARTNERS is not obliged to reflect the applicable legislation on the information and examples provided on this website.
