In our latest article we have summarised the key points of the 2022 tax law amendments in Hungary that are important for decision makers.
New rules for preparation of 2020 annual financial statements
From 2020 a new approach and new definitions appear in the Act on Accounting, which must be considered when preparing 2020 annual financial statements.
Relief measures related to approval and publication of financial statements
To alleviate the economic impacts of the coronavirus pandemic, the Hungarian government modified the rules on publishing and approving financial statements.
Accounting treatment of grants received (due)
The accounting treatment of grants depends on a number of factors. In our article, we examine in detail the different cases of accountability of grant income.
Brief summary of 2020 tax law amendments in Hungary
Changes to the online data reporting, the VAT on irrecoverable debts, implementation of the quick fixes – some of the key elements of the tax law amendments in 2020 in Hungary. We summarized the most important changes.
One-stop-shop: Why does investing in Hungary make sense?
Some of the advantages of investing in Hungary are its central position in Europe, relatively low tax rates, its highly skilled workforce and its technical universities.
Most important changes in taxation and accounting rules from 2019
On 20 July 2018, the Hungarian Parliament adopted Act XLI of 2018. Here are the most important changes in taxation and accounting rules from 2019.
Online invoicing launched in Hungary
Online invoicing, or online data reporting for invoicing, was launched in Hungary on 2 July 2018. Here we summarise the most important details!
Auditor’s report revamped from 2016 financial year
The structure of the auditor’s report has changed, and it has some important new content as well. The most important part has been put at the beginning of the report.
Changed rules on dividend payments from 2017 financial year
The changed rules on accounting for and presenting dividend payments bring changes to almost every document related to financial statements from 2017.
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