News

Private individuals may again choose between two options in 2019 when preparing their personal income tax returns: checking and changing the draft tax return prepared by the Tax Authority Self-assessment

The amount of penalty concerning tax fulfillment obligation is reduced by half The penalty can be up to 10% on the difference of advance tax paid, tax fulfillment and 90%

Tax-exempt benefits In 2018, the remuneration of nursery and day nursery services remains in the tax-exempt category. It will be new for this benefit in 2019 that companies can recognize

Accounting policy is one of the policies that we treat like a red-headed stepchild. We consider it to be a necessary evil, as a rule that is compulsory by law,

Benefits of simplified liquidation: you do not have to appoint a liquidator: the tasks of the liquidator are carried out by the company’s executive officer(s) it is not necessary to

Only the persons who have registered at the company portal are entitled to publish or deposit financial statements. Each company needs to verify if its registration at the company portal

Let’s look at the major changes: 1. Principle of materiality From accounting principles the principle of materiality has been specified. Accordingly, for the purposes of the financial statements, information is

The deficiencies typically result from failure to comply with the following standards: the enterprise shall prepare its annual financial report in Hungarian the bookkeeping can only be done in Hungarian

The Online Invoicing System is available on the following link: https://onlineszamla.nav.gov.hu/ When invoices are issued by invoicing software, invoice data shall be transmitted to the Tax Authority without human intervention

Looking for a certified auditor? Our auditing services: •    Audit •    Audit of company conversions •    Tax and financial due diligence •    Internal audit services •    Reviewing and preparing policies

However, it is useful to clear up taxation issuers, i.e. how we proceed correctly when giving donations, and in what cases, under what conditions, what value this reduction can be

Article 28 of the GDPR requires data controllers to deal with partly new issues identified in a long list in their contracts concluded with data processors. The purpose of the