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: Taxes
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…
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…
ECB board member Fabio Panetta calls for stricter regulation of crypto assets
Fabio Panetta, member of the Executive Board of the European Central Bank has recently made a speech at Columbia University, where he talked about how and why central banks around…
Trading with the UK after Brexit
Since the UK has left both the European Union and the Customs Union, the UK is now officially a third country. In line with this, trading regulations has changed radically…