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Newsletters

Keeping you update with the latest news, changes and developments covering tax, accounting and payroll.

We are at your disposal, should you require more details or deeper analysis with a unique touch for your business.

Legislative changes affecting payroll processing since the start of year 2023

26-01-2023 Payroll Czech Republic

SME INFO CZ Nr.2023-01 – Legislative changes affecting payroll that are valid for payroll processing in year 2023 are presented below. Included are parametrical changes but also for example changes to the calculation of wage garnishments or to the periodic occupational health assessments.

MAJOR TAX AND LABOR CODE CHANGES EFFECTING PAYROLL FROM 2023 IN HUNGARY – SME INFO Nr.2022-06-HU

30-12-2022 Payroll Hungary

This publication presents the major tax and Labor Code changes effecting payroll from 2023 in Hungary.  The amendments are intended to achieve uniform and coherent application of the law as well as compliance with EU legislations and harmonisation obligations.  We also highlight other legislative changes we consider important from the Autumn 2022 tax package that may have an impact on payroll. And we also review the most important legislative changes we received „after closing”

Autumn tax package 2022 – Changes to tax and accounting laws in Hungary – SME INFO Nr.2022-05-HU

30-11-2022 Tax Hungary

This publication – presenting the changes we think are rel­evant for our clients – is a general guide to the account­ing and tax law changes that will most affect accountants.

 

Local business tax (HIPA) payment facility in EUR and USD — SME INFO Nr.2022-04 HU

03-10-2022 Tax Hungary

In the SME INFO of 15 August 2022, we reported that taxpayers can pay corporate tax in euros and US dollars. Recently, the Government Decree No 366/2022 has been adopted, and also allows the payment of local business tax and its advance payments in euros and US dollars, in addition to the forint.

Corporate tax payment option in EUR or USD in Hungary — SME INFO Nr.2022-03 HU

15-08-2022 Tax Hungary

According to the 134th Hungarian Gazette which was published on 9 August, taxpayers based on their choices, can pay the CIT and its advances in euros or US dollars in addition to forints. The first year for which they can make the choice to pay CIT in USD or EUR is the tax year starting after 30 September 2022.

Summer Tax Package and Changes of Extra Profit Taxes — July 2022, Hungary – SME INFO Nr.2022-02 HU

04-08-2022 Tax Hungary

In this newsletter we will cover more topics. First, several tax laws were amended at the same time when the 2023 budget was adopted. We take a look at them, highlighting the changes we consider important. On the other hand, in SME INFO 2022-01, we provided information on the Government Decree 197/2022 (4.VI) on extra profit taxes. This Government Decree has been amended on some points by Government Decree 257/2022 (VII.18). Here we also summarise the most important changes and clarifications (both in English and Hungarian).