Banking

Banking

NAV to issue certificates for payroll tax exemptions

Hungaryʼs National Tax and Customs Administration (NAV) will start sending businesses certificates for employees eligible for payroll tax preferences on...

Banking

Stockpiling before tax change lifts Zwack profit 33%

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 33% year-on-year to HUF 3.3 billion in Q1-Q3 of the...

Banking

What Will Cafeteria Bonuses Look Like in 2019?

The latest tax code, ratified by the Hungarian Parliament in November massively changes the country’s popular “cafeteria” system. Companies will...

Banking

Last-minute agreement reached on minimum wage

Hungarian employers and unions reached agreement on minimum wage increases on Sunday, December 30, a day before the deadline. The...

Banking

MNB lowers 2019 CPI forecast on falling oil prices

The National Bank of Hungary (MNB) has lowered its forecast for average annual inflation in 2019 to 2.9%, citing falling...

Banking

Govʼt hopes for last-minute minimum wage agreement

Gergely Gulyás, the minister in charge of the Prime Ministerʼs Office, expressed hope employers and unions can reach a last-minute...

Banking

Hungary to remain competitive for investment despite ATAD

Hungarian taxpayers will face considerable changes in taxation next year, due to the implementation of the European Commissionʼs Anti-Tax Avoidance...

Banking

Hungary 86th in PwC and World Bankʼs ‘Paying Taxes’ report

Hungary clinches 86th place in the 2019 edition of the yearly "Paying Taxes" report published by PwC and the World...

Banking

City raises revenue threshold for local business tax exemption

Budapest City Council on Wednesday raised the revenue threshold for exemption from the local business tax from HUF 1 million...

Banking

MNB projects 2018 deficit slightly under target

Hungaryʼs general government deficit could reach 2.2-2.3% of GDP this year, a little under the 2.4% target in the Budget...

Banking

Deloitte argues for automation of partner VAT controls

In Hungary, investigations into VAT tax control cases have revealed that a number of companies were fined for mistakes caused...

Banking

Hungaryʼs VAT Gap second only to Austria in region

A new report by the European Commission (EC) reveals that Hungary is in second place in the CEE region in...

Banking

Companies unprepared for global transformation of tax systems

Some 93% of corporate decision-makers are afraid that their company is not able to handle the sometimes conflicting views of...

Banking

Hungary allowed to raise VAT exemption threshold

A derogation approved by EU finance ministers at a meeting in Luxembourg on Tuesday allows Hungary to raise the annual...

Banking

Andersen Global expands, partners with OrienTax in Hungary

Tax and legal services firm Andersen Global and Hungarian tax consulting company OrienTax have signed a collaboration agreement paving the...

Banking

NAV to issue certificates for payroll tax exemptions

Hungaryʼs National Tax and Customs Administration (NAV) will start sending businesses certificates for employees eligible for payroll tax preferences on...

Banking

Stockpiling before tax change lifts Zwack profit 33%

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 33% year-on-year to HUF 3.3 billion in Q1-Q3 of the...

Banking

What Will Cafeteria Bonuses Look Like in 2019?

The latest tax code, ratified by the Hungarian Parliament in November massively changes the country’s popular “cafeteria” system. Companies will...

Banking

Last-minute agreement reached on minimum wage

Hungarian employers and unions reached agreement on minimum wage increases on Sunday, December 30, a day before the deadline. The...

Banking

MNB lowers 2019 CPI forecast on falling oil prices

The National Bank of Hungary (MNB) has lowered its forecast for average annual inflation in 2019 to 2.9%, citing falling...

Banking

Govʼt hopes for last-minute minimum wage agreement

Gergely Gulyás, the minister in charge of the Prime Ministerʼs Office, expressed hope employers and unions can reach a last-minute...

Banking

Hungary to remain competitive for investment despite ATAD

Hungarian taxpayers will face considerable changes in taxation next year, due to the implementation of the European Commissionʼs Anti-Tax Avoidance...

Banking

Hungary 86th in PwC and World Bankʼs ‘Paying Taxes’ report

Hungary clinches 86th place in the 2019 edition of the yearly "Paying Taxes" report published by PwC and the World...

Banking

City raises revenue threshold for local business tax exemption

Budapest City Council on Wednesday raised the revenue threshold for exemption from the local business tax from HUF 1 million...

Banking

MNB projects 2018 deficit slightly under target

Hungaryʼs general government deficit could reach 2.2-2.3% of GDP this year, a little under the 2.4% target in the Budget...

Banking

Deloitte argues for automation of partner VAT controls

In Hungary, investigations into VAT tax control cases have revealed that a number of companies were fined for mistakes caused...

Banking

Hungaryʼs VAT Gap second only to Austria in region

A new report by the European Commission (EC) reveals that Hungary is in second place in the CEE region in...

Banking

Companies unprepared for global transformation of tax systems

Some 93% of corporate decision-makers are afraid that their company is not able to handle the sometimes conflicting views of...

Banking

Hungary allowed to raise VAT exemption threshold

A derogation approved by EU finance ministers at a meeting in Luxembourg on Tuesday allows Hungary to raise the annual...

Banking

Andersen Global expands, partners with OrienTax in Hungary

Tax and legal services firm Andersen Global and Hungarian tax consulting company OrienTax have signed a collaboration agreement paving the...

NAV to issue certificates for payroll tax exemptions

Hungaryʼs National Tax and Customs Administration (NAV) will start sending businesses certificates for employees eligible for payroll tax preferences on...

Stockpiling before tax change lifts Zwack profit 33%

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, rose 33% year-on-year to HUF 3.3 billion in Q1-Q3 of the...

What Will Cafeteria Bonuses Look Like in 2019?

The latest tax code, ratified by the Hungarian Parliament in November massively changes the country’s popular “cafeteria” system. Companies will...

Last-minute agreement reached on minimum wage

Hungarian employers and unions reached agreement on minimum wage increases on Sunday, December 30, a day before the deadline. The...

MNB lowers 2019 CPI forecast on falling oil prices

The National Bank of Hungary (MNB) has lowered its forecast for average annual inflation in 2019 to 2.9%, citing falling...

Govʼt hopes for last-minute minimum wage agreement

Gergely Gulyás, the minister in charge of the Prime Ministerʼs Office, expressed hope employers and unions can reach a last-minute...

Hungary to remain competitive for investment despite ATAD

Hungarian taxpayers will face considerable changes in taxation next year, due to the implementation of the European Commissionʼs Anti-Tax Avoidance...

Hungary 86th in PwC and World Bankʼs ‘Paying Taxes’ report

Hungary clinches 86th place in the 2019 edition of the yearly "Paying Taxes" report published by PwC and the World...

City raises revenue threshold for local business tax exemption

Budapest City Council on Wednesday raised the revenue threshold for exemption from the local business tax from HUF 1 million...

MNB projects 2018 deficit slightly under target

Hungaryʼs general government deficit could reach 2.2-2.3% of GDP this year, a little under the 2.4% target in the Budget...

Deloitte argues for automation of partner VAT controls

In Hungary, investigations into VAT tax control cases have revealed that a number of companies were fined for mistakes caused...

Hungaryʼs VAT Gap second only to Austria in region

A new report by the European Commission (EC) reveals that Hungary is in second place in the CEE region in...

Companies unprepared for global transformation of tax systems

Some 93% of corporate decision-makers are afraid that their company is not able to handle the sometimes conflicting views of...

Hungary allowed to raise VAT exemption threshold

A derogation approved by EU finance ministers at a meeting in Luxembourg on Tuesday allows Hungary to raise the annual...

Andersen Global expands, partners with OrienTax in Hungary

Tax and legal services firm Andersen Global and Hungarian tax consulting company OrienTax have signed a collaboration agreement paving the...