Process Solutions Group 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.

Amendment to the Slovak VAT Act

01-10-2015 Tax Slovakia

On 1 October 2015, an amendment to the VAT Act No. 222/2004 Coll., as amended, was approved by the Slovak Parliament. Its final version awaits the approval of the President.

Recent payroll changes in Hungary

14-09-2015 Payroll Hungary

Expanded reporting requirements on newly hired employees, Temporary staffing, Training fund contribution – expanding opportunities for…


On Changes of Taxation in Hungary - 2016

01-07-2015 Tax Hungary

The modifications to next year’s tax laws were adopted by the Parliament surprisingly early this year (on 16 June 2015). In our current newsletter we aim to offer a brief summary of these 2016 changes.

Advertisement tax changes in Hungary

29-05-2015 Tax Hungary

On 27 May 2015 amendments to the advertisement tax were adopted by the Parliament under exceptional proce­dure. According to the official explanation the correction has become necessary…

Extention of local reverse charge regime from 1.4.2015 (Czechia)

01-04-2015 Tax Czech Republic

This is a change of VAT law already approved in 2014, only  with effective date as of 1.4.2015. The reverse charge applies to transactions with total amount of the tax base supplied all the selected goods exceeds the amount of CZK 100 000 (if more types of goods are selected then sum of the relevant one needs to considered, not separate values per product code).

New Whistleblowing Act creates obligations for businesses in Slovakia

01-01-2015 Accounting Slovakia

On 16 October 2014, Slovak Parliament approved the Act on Several Measures Relating to Reporting of Serious Anti-Social Activity and on Amendments and Supplements to Certain Laws, referred to as the Whistleblowing Act.