The number of yearly tax inspections conducted by the Hungarian Tax Authority has been steadily increasing over the past few years. The most popular tax inspected continues to be VAT,…
Category: Accountancy
How to present the ownership structure of your Hungarian company?
You are required to present the ownership structure of your newly created Hungarian company when you are registering it for various services. This is easiest done in the form of…
What are the advantages of opening a securities account?
Money left on a regular bank account pays hardly any interests, while making investments through a securities account can even increase their value, especially in a high inflation environment like…
Summer is the season for temporary work – make sure to declare it
Whether it is because of increased turnover or employees taking their holidays, your business might be in need of temporary workers. You have various options, just make sure to declare…
Apply for the Hungarian family housing allowance before it is reduced
CSOK, the Hungarian family housing allowance was created to support families in finding a home. Young married couples who pledge to have children are eligible for a non-refundable allowance and…
Tax benefits for government securities in Hungary
When you have income from interests, normally you pay personal income tax and social security contribution on those. However, if you invest in Hungarian government securities, you may not be…