September 8, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
Many business owners still believe that a NAV audit primarily involves checking invoices, cash registers, or employees. In practice, however, tax authority audits now cover a much broader range of
August 11, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
On 28 July 2026, the Hungarian Parliament adopted the summer tax package, affecting several taxes and areas of taxation. Certain provisions of Act XXXV of 2026 will already apply in
August 4, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
Hungary’s VAT reporting system is facing a significant transformation. According to plans announced by the Hungarian Tax Authority (NAV), the General Form Filling Framework Program (ÁNYK) will be phased out
June 16, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
Sooner or later, many business leaders reach a point where they start considering changing their accountant or payroll provider. Sometimes there is a clear issue behind it: the accountant is
May 26, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
The Deadline for Annual Financial Statements If your company does not apply a different financial year, then May 31 is an important date every year: this is the deadline for
May 12, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
Efficient Support for Everyday Financial Administration One of the most difficult areas to manage in a company’s operations is the practical side of finance. Not necessarily because of the numbers
January 20, 2026 | Author: László Killik Managing Director, Partner – MGI‑BPO
Accounting, Payroll and Reporting in Practice In an internationally owned subsidiary, accounting and payroll are far more than administrative tasks. They are the foundation of trust between local management and
September 16, 2025 | Author: Szilvia Sarkadi-Nagy
🔍 The key: the place of supply rule. If your business activities are carried out in Hungary (or if the goods/services are used or consumed here), there is a high
August 26, 2025 | Author: László Killik
In recent years, we have worked with an increasing number of businesses where the company and its branch office operate in different countries – whether it’s a foreign company with
August 12, 2025 | Author: Szilvia Sarkadi-Nagy
The economic growth outlook for 2025 is turning out to be less favorable than previously expected, and an increasing number of small and medium-sized enterprises (SMEs) are feeling the effects
