Month: April 2020

Additional detailed rules in connection with the rules of short-time work

The new templates, forms and information sheets adapted to the new rules of the amended ‘Decree on state subsidy to pay the wages and salaries of employees employed in reduced working time ‘ (hereinafter referred to as the Decree), which we shared with you in our previous newsletter, have been made available on the website

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Approval of balance sheet 2019

According to provisions of the Act C of 2000 on Accounting (the Accounting Act), companies using double-entry bookkeeping and registered in the firm registry, are obliged to deposit the annual balance sheet report or simplified annual balance sheet report – and in the case of a compulsory audit of the books, also containing the audit

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Measures of the Hungarian Government adopted and announced in the Official Gazette on 21 April 2020

The most recent measures of the Hungarian Government adopted and announced in the Official Gazette on 21 April 2020 within the frameworks of the Economic Protection Action Plan are as follows: 1. Tax reliefs The taxpayers are granted an extended deadline until 30 September 2020 to comply with the following tax-related obligations that are or

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The most recent measures of the Hungarian Government, adopted and announced on 14 April 2020

The most recent measures of the Hungarian Government, adopted and announced on 14 April 2020 within the frameworks of the Economic Protection Action Plan, in order to fill up the Epidemiological Fund, are as follows: 1. In respect of the tax year 2020, a so-called epidemiological extra tax will be introduced, payable by the credit

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The Hungarian Government’s economic protection measures adopted on 10 April, 2020

The most recent Hungarian Government’s economic protection measures, adopted on 10 April, 2020, are as follows: 1. The Government has extended again the scope of business activities upon which tax allowances are granted. Accordingly, the enterprises pursuing any of the following activities as the main business activity are relieved of the payment of the social

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