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
February 4, 2025 | Author: László Killik
The reliability and transparency of financial statements form the backbone of investment funds and fund managers’ operations. Auditors play a pivotal role in ensuring this by verifying compliance with regulatory
January 7, 2025 | Author: MGI-BPO
Looking back to 2024 we can say that last year was successful for us. We prepared hundreds of financial reports and did many audits, working with both local and international
December 3, 2024 | Author: László Killik
Our partner and managing director, Laszlo Killik, recently attended the MGI Worldwide UK & Ireland Regional Meeting in the vibrant city of Bristol. The event was organized by Rachel Pugh,
November 26, 2024 | Author: Szilvia Sarkadi-Nagy
It’s an excellent opportunity for foreign companies to employ Hungarian workers that does not require company registration or the establishment of a company in Hungary. The foreign company receives a technical
