The Hungarian government budget for 2025 was presented to the Parliament on 11 November, and is expected to be finalized by 20 December. It contains not only the amounts to…
Category: Business
2FA for the Client Gate interferes with accounting in Hungary
With the mandatory introduction of two-factor authentication in governmental administration, accountants are facing a new challenge come 2025. Read on to learn how 2FA for the Client Gate can cause…
EU to introduce extra import taxes on Chinese electric vehicles
To counter the negative effects of the import of heavily subsidized Chinese electric vehicles, the EU is introducing punitive levies from November 2024.
Qvik payment: New mobile payment option in Hungary
Qvik payment is free of transaction fee, which can significantly reduce the costs of sellers, while it offers customers the convenience of paying with a bank card.
VAT rates in Hungary
In Europe, VAT is a tax on consumption, added to the net price of goods. Standard VAT rates are different in each EU member state and depend on the type…
CSOK Plus and the Hungarian real estate market in 2024
CSOK Plus, the 2024 edition of the Hungarian family housing allowance and prenatal loan program is giving a new boost to the local real estate market. Read on for a…