April 15, 2025 | Author: Szilvia Sarkadi-Nagy
According to the Ministry of Interior, the traditional paper-based Social Security Booklet (TB-kiskönyv) will soon be replaced by a modern electronic system. Until now, employers used this booklet to record
April 8, 2025 | Author: László Killik
In 2025, many businesses can still benefit from favorable loan and leasing arrangements offered by the Széchenyi Card Program, which come with various subsidies. These subsidies help reduce costs, and
April 1, 2025 | Author: Szilvia Sarkadi-Nagy
As of 2025, the Hungarian Tax Authority (NAV) has established specialized transfer pricing departments, signaling a clear intention to intensify the oversight of intercompany transactions. Why does this matter? Transfer
March 25, 2025 | Author: Szilvia Sarkadi-Nagy
Payroll management is essential for any business, as accurate and timely payments not only ensure employee satisfaction but also guarantee compliance with legal regulations. This article explores the advantages and
March 18, 2025 | Author: László Killik
With the rise of electric vehicles, more businesses are facing the challenge of properly accounting for home charging costs. It is crucial to distinguish between cases where an employee uses
March 11, 2025 | Author: László Killik
Businesses often wonder whether it would be advantageous to sell a company car that is no longer in use for a symbolic amount, such as 1,000 HUF, to an employee,
March 4, 2025 | Author: László Killik
Temu is becoming increasingly popular among small businesses and individuals, especially for purchasing affordable promotional materials and branded merchandise. However, Temu currently does not issue VAT invoices for businesses, making
February 25, 2025 | Author: László Killik
For small businesses, managing cash flow is a top priority. One crucial decision is whether to use standard VAT (Value Added Tax) accounting or opt for cash accounting VAT, which
February 18, 2025 | Author: László Killik
For Hungarian businesses, the financial transaction tax and high banking fees pose an increasing challenge, significantly raising operational costs. For larger transactions, the transaction tax can reach its cap of
February 11, 2025 | Author: László Killik
Starting November 29, 2024, a major regulatory change will significantly impact how businesses file their financial statements. Companies that fail to meet their accounting obligations now face stricter sanctions, as
