| Course Unit Code | 117-0036/03 |
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| Number of ECTS Credits Allocated | 5 ECTS credits |
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| Type of Course Unit * | Compulsory |
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| Level of Course Unit * | First Cycle |
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| Year of Study * | Third Year |
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| Semester when the Course Unit is delivered | Winter Semester |
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| Mode of Delivery | Face-to-face |
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| Language of Instruction | Czech |
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| Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
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| Name of Lecturer(s) | Personal ID | Name |
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| PS150 | Ing. Yvetta Pšenková, Ph.D. |
| HAK30 | Ing. Jana Hakalová, Ph.D. |
| Summary |
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| The aim of the course is to provide information about the accounting entity - individual entrepreneur (natural person) and his accounting and tax obligations. Graduate of the course should acquire during the lectures the knowledge necessary for keeping accounting and tax obligations of an individual entrepreneur, distinguish the advantage or disadvantage of choosing a bookkeeping in a full or abridged scope, or choosing tax evidence, or on the bases of analysis to choose another suitable form of business, e.g. establishment of Ltd., general partnership, etc. |
| Learning Outcomes of the Course Unit |
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1. To define the basic legal, accounting and tax legislation for
individual person – individual enterpreneur
2. To clarify the difference between individual person accounting, financial
accounting and tax evidence.
3. To evaluace the advantages of mentioned legal form choice.
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| Course Contents |
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1. Duties of an individual entrepreneur in starting of a business.
2. Choice between accounting and tax evidence or to claim a percentage of income as deductible expenses, minimum set tax, advantages and disadvantages, accounting and tax aspects.
3. Starting of business and opening an accounting books in case of individual entrepreneur.
4. Choose of the form of bookkeeping - accounting (abridged scope of accounting).
5. Specific accounting transactions during the accounting period in case of natural person - individual entrepreneur (differences in comparison to accounting in a business corporation), contributions to business, subsidies, accounting of cars contributed or non-contributed into the business assets of an individual entrepreneur.
6. Transformation of accounting profit into tax base in case of individual entrepreneur.
7. Closing of accounting books – annual accounts in case of individual entrepreneur and preparation of financial statements in an abridged scope.
8. Possibilities of tax liability optimization in case of individual entrepreneur.
9. Tax return by individuals.
10. The methods of calculating social security advances payments in case of individual entrepreneur, the major and minor activities, minimum and maximum advance payments.
11. The methods of calculating of advance payments for social and health insurance in case of individual entrepreneurs, minimum advance payments.
12. Comparison of advantages of tax keeping tax evidence, bookkeeping or business corporation establishment, advantages and disadvantages.
13. Accounting of value added tax in case of individual entrepreneurs within the Czech Republic, intra-Community transactions and transactions within third countries. |
| Recommended or Required Reading |
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| Required Reading: |
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AGIANNI, Vasiliki et all, eds. European Tax Handbook 2022. 33nd ed. Amsterdam: IBFD, 2022. 1383 p. ISBN 978-90-8722-760-9.
TERRA, Ben a Julie KAJUS. A guide to the European VAT directives. Volume 1, Introduction to European VAT. Amsterdam: IBFD, 2021. ISBN 978-90-8722-680-0.
TERRA, Ben a Julie KAJUS. A guide to the European VAT directives. Volume 2, Integrated texts of the VAT directives and the former sixth VAT directives. Amsterdam: IBFD, 2021. ISBN 978-90-8722-681-7. |
AGIANNI, Vasiliki et all, eds. European Tax Handbook 2022. 33nd ed. Amsterdam: IBFD, 2022. 1383 p. ISBN 978-90-8722-760-9.
HAKALOVÁ, Jana, Yvetta PŠENKOVÁ a Šárka KRYŠKOVÁ. Daňová evidence podnikatelů a jednoduché účetnictví neziskových subjektů. 3. vyd. Praha: Wolters Kluver ČR. 2021. 176 s. ISBN 978-80-7676-024-0.
MARKOVÁ, Hana. Daňové zákony 2024. Praha: Grada, 2024. 336 s. ISBN 978-80-271-5243-8. |
| Recommended Reading: |
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ŠIROKÝ, J., K. KRZIKALLOVÁ a M. KRAJŇÁK Trend, Development, Role and Importance of Personal Income Tax in the EU. Brno: CERM, 2020. 116 s. ISBN 978-80-7623-037-8.
TERRA, Ben a Julie KAJUS. A guide to the European VAT directives. Volume 1, Introduction to European VAT. Amsterdam: IBFD, 2021. ISBN 978-90-8722-680-0. |
KOLEKTIV AUTORŮ. Abeceda mzdové účetní 2024. 34. vyd. Olomouc: ANAG, 2024. 751 s. ISBN 978-80-7554-404-9.
KRAJŇÁK, Michal. Daň z příjmů fyzických osob v České republice. Brno: CERM, 2022. 100 s. ISBN 978-80-7623-086-6.
ŽENÍŠKOVÁ, Marta. Pojistné na sociální zabezpečení zaměstnavatelů, zaměstnanců, OSVČ, dobrovolně důchodově pojištěných s komentářem a příklady. 10. vyd. Olomouc: ANAG, 2023. 191 s. ISBN 978-80-7554-385-1.
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| Planned learning activities and teaching methods |
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| Lectures, Tutorials |
| Assesment methods and criteria |
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| Task Title | Task Type | Maximum Number of Points
(Act. for Subtasks) | Minimum Number of Points for Task Passing |
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| Credit and Examination | Credit and Examination | 100 (100) | 51 |
| Credit | Credit | 30 | 16 |
| Examination | Examination | 70 | 35 |