Whether your services are subject to VAT depends on who your customers are and where they are located. Since the applicable VAT rate also depends on the kind of services…
Category: Accountancy
How does the SZÉP card work in times of Covid?
the government recently had to adjust the corresponding rules due to the economic impact of Covid. But what are these changes are and how long will they be in place?
The OSS at work: VAT rates in the European Union
In line with new regulations, the MOSS (Mini One Stop Shop) will be renamed to OSS (One Stop Shop) and extended to cover a wide range of goods.
Non-EU shipping regulations: VAT and customs duty
Although most of our clients operate in Hungary to be able to trade within the European Union, shipments from outside the EU are important to many of them. If you…
IOSS: the VAT system for e-commerce into the EU
Starting from 1 July 2021, VAT will apply to all non-EU purchases. The regulation change will have a significant effect on distance sales into the European Union. In order to…
Tax returns in Hungary: the essentials
If you live and work in Hungary, you must file tax returns in Hungary every year. With the 20 May deadline for filing your tax returns for the previous calendar…