KATA is a tax regime in Hungary that can be applied to small companies and freelancers whose yearly revenue is below HUF 12 million. After its introduction in 2013, it…
Category: Accountancy
Types of company liquidation in Hungary
Sooner or later, the life cycle of every company comes to an end. It may happen for several reasons: the owner might just want to move on to other, more…
Company car tax in Hungary increased for H2 2022
A company can find many uses to a car. However, costs will not only include fuel and maintenance, but also the company car tax, which in Hungary must be paid…
Who can be my accountant in Hungary?
If you operate a Hungarian company, you will need an accountant to take care of booking incoming and outgoing invoices, do the payroll administration of your employees, and report data…
Taxes on student work in Hungary
Summer is here, which means a substantial number of students are entering the labor market for the next few months. Just as well, since various industry sectors are in need…
Year-end closing at your Hungarian company
The end of May is an important time in the life of Hungarian companies. Yearly reports and taxes must be submitted by 31 May. Are you ready for the year-end…