Finance Ministry issues 2014 budget info for public

Czechs are expected to pay on average 10,192 crowns a month in taxes in 2014, with the highest amount 4,312 crowns going towards social insurance, according to an information brochure published by the Czech Finance Ministry. People will pay on average 2,323 crowns a month in value added tax, 1,152 in excise duty and 1,128 in individual income tax. The brochure, intended for the public, represents the Czech version of the Citizens Budget whose publication is recommended by international organizations such as the World Bank, the OECD and the International Budget Partnership.