VAT Changes Expected in 2023
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
Office News
What is a global minimum tax and how would it affect Hungary?
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
Draft VAT return
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
Webshops and the OSS Scheme
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
Reverse Charge is to be Abolished for Most Temporary Agency Work
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,
A Package of Proposals to Amend the Tax Laws in 2021 Has Arrived
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
We’ve collected next year’s tax changes – Tax changes in Hungary from 2020
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
Much more administration in PIT return – be prepared on time!
April 10, 2017 | Author: 2017-04-10
Under Subsection (1), Section 169 of the VAT Act, from January 1, 2017 the customer’s tax number must also be indicated on the invoice, if the VAT content equals or
WHAT TO KNOW ABOUT VAT REGISTRATION
January 20, 2016 | Author: 2016-01-20
WHAT TO KNOW ABOUT VAT REGISTRATION Today, when more and more companies have international interests, it is increasingly required that in relation to certain transactions such companies must register with
Important changes to the VAT
December 18, 2013 | Author: 2013-12-18
I. Periodic settlement In cases when the parties make a periodic settlement of the sale of goods or provision of services, or the offset of the sale of goods or
