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,
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
December 1, 2022 | Author: Szilvia Sarkadi-Nagy
We will cover the topics below at our MGI-BPO Tax Conference on 9 December 2022, after which we will send the tax law changes in writing to our Clients. In
November 3, 2022 | Author: László Killik
The Hungarian government has submitted a package of proposals to amend the 2023 tax laws. Here is a summary of the main plans affecting value added tax. Changes Relating to
July 22, 2021 | Author: Szilvia Vígh
The OECD has been working since 2019 to create a global minimum corporate tax rate that has received increasing attention in recent weeks. The essence of the deal is to
July 6, 2021 | Author: Erika Dudás
UPDATE Pursuant to the amendment published in Magyar Közlöny (Hungarian Gazette) on 16 July 2021, contrary to the previous provision, the Hungarian tax authority will offer the first draft VAT
June 28, 2021 | Author: Éva Szőke-Solymosi
From 1 July 2021, the rules of e-commerce will change at EU level, which had to be taken over to the Hungarian tax system as well. VAT regulation for e-commerce
April 16, 2021 | Author: Eva Szoke-Solymosi
In the request for a derogation, Hungary wanted the general VAT rate for temporary agency work to remain subject to reverse charge, as it has been in recent years. However,
October 14, 2020 | Author: 2020-10-14
Please note that this summary is about the draft, the adopted law might be different, so it is worth monitoring the amendments. Personal income tax – PIT: The system of
November 18, 2019 | Author: 2019-11-18
Tax changes from 2020 I. Changes in Corporate Taxation 1. Changes in tax fulfillment obligation The obligation to adjust tax advance in respect of corporate income tax, innovation contribution and
