News

Advantages of Employing Persons With Reduced Work Capacity

Nearly all employers have met employees or prospective employees with reduced work capacity. Employing such persons may be advantageous in many respects. In a profit-oriented environment, keeping costs at the lowest possible level is one of the most important considerations for companies. One of...

ACCOUNTING – CONTRIBUTION TO THE CHAMBER 31ST MARCH

All business associations1  are required to initiate their recording to the registry of chamber and to support the public tasks of the chamber pay 5.000,- HUF/year contribution to the competent chamber as per the headquarter of the companyThe contribution shall be paid yearly- without any prior...

Munkaruha számviteli elszámolása és adózása

The new lease standard – IFRS 1

In 2005, responding to concerns about the lack of transparency of information about lease obligations, the IASB and the FASB initiated a project to improve the accounting for leases.

Important reminder about capital rules- last call!

The final deadline of the subscribed capital is coming. The original deadline to adopt the rules of the new Civil Code was 15.03.2016, however, on 1 March 2016, the Parliament passed Act I of 2016 and granted one additional year to the foundations, associations and limited liability companies to...

How to choose a health and safety representative

The amendment of the Occupational Health and Safety Act made in July 2016 affected also the issue of electing a health and safety representative.

PRACTICAL TIPS FOR E-INVOICING

Nowadays we can meet more often with e-invoices, we should just think about the ones from the public services, as a result of we have less paperwork.The use of e-invoicing is getting popular among the companies due to having many advantages over paper-based invoicing. However we have to know the...

CHANGE IN THE SCOPE OF TAX PAYERS OBLIGED TO USE AN ONLINE CASH REGISTER

As you might already know, the Decree of the Ministry of National Economy Nr. 9 of 2016 (‘Decree’) has come into force on the 2nd of April 2016 and has changed some of the legislative rules to be applied in connection with online cash registers. The Decree extended amongst others the scope of the...

Cafeteria 2017

In 2017 the employer has to pay 15% personal income tax and 14% HCC for 1.18 times of value of the fridge benefits. So the whole tax burden is 34.22% in 2017 too, but the scope of benefits will become narrow.