The corona epidemic posed a major challenge to the Hungarian economy affecting, among others, the income of the young population. However, incentives both within and outside the scope of the tax regime support the improvement of the labour market situation of young people. We gathered information on what employers and young employees may expect below.
Read moreWe summarized briefly the main government measures that aimed to curb the negative business effects of COVID-19 in the CEE region countries: Hungary, Poland, Czech, and Slovak Republic.
Read moreThe extraordinary measures of today\'s decree also reduce the burden on employees and employers in the most affected sectors. A quick summary of details concerning payroll.
Read moreSeason\'s Greetings and Happy 2020 to all our clients and readers! See you in 2020.
Read moreWhat adjustment factors may and need to be taken into account for the corporate tax calculation to be closed until the end of May? What room do taxpayers have for movement if the amount of corporate tax advance could not be estimated precisely? These questions should be considered as the 31st of May approaches.
Read moreFrom 2019, only those enterprises are exempt from the obligation to pay innovation contribution, which, taking all provisions of the SME Act into account, qualify as small or micro enterprises also on an aggregate basis considering their partner and linked enterprises. Although with its rate of 0.3 percent, innovation contribution is relatively small compared with almost all other tax and contribution liabilities, it may represent a substantial expense considering its tax base for the businesses specializing in the provision of services.
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