The parliament has recently approved tax cuts in Hungary from 2022. This week, we take a look at the update to regulations, explaining how it will affect your business in…
Tag: taxation
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…
NÉTAK: the tax benefit of mothers of four or more
NÉTAK gives mothers of four or more children an exemption from paying personal income tax. They will earn more while the employer’s costs related to their salary do not increase,…
VAT exemption of non-EU purchases ends in July
If you buy goods from outside the European Union often, you probably know that value added tax and customs duty do not apply to such purchases under a certain value.…
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…