Accounting and tax effects of employee benefits

The main aim of the Bachelor’s thesis is to provide the accounting and tax impact of individual employee benefits, both from the employer’s and the employee’s perspective. The paper is divided into 4 sub-chapters. In the theoretical part, the first chapter is devoted to the general definition of the issue of employee benefits. It describes their meaning, legal regulation, history and ways of their distribution. In the second chapter, a sample case is addressed, where the individual parts leading to the calculation of the employee’s net wage are defined. The third chapter interweaves the empirical and the application parts. It contains a selection of seven most frequently provided and most requested employee benefits. Benefits are individually described, their tax solution is shown here according to the Income Tax Act, it is possible to see how individual accounting operations are entered into accounts at the employer when providing the employee benefit and how the received employee benefit affects the resulting employee’s wage. The content of the last chapter states, based on an analysis of the corporate collective agreement of České dráhy, a.s., employee benefits that the company offers to its employees.