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Employers often ask for certificates of no criminal record from their employees, but this does not mean that they do it right. Until recently, experts said that requesting the employees to submit their certificates of no criminal record was only possible when a legal act prescribed the clean...

By virtue of the provisions of the Labour Code, the employer assumes the obligation, among other things, to refund the employee’s costs arising reasonably in connection with completing the employment tasks.

Employers have to examine the value limit as well for the interest-free housing loan disbursed after 1 January 2019.

From 1st January 2019 the method of determining the liability to pay the innovation contribution has changed significantly.

At the end of January 2019, the technical specifications of the XML scheme modifications and the 1.1. interface version have been published by the Hungarian tax authority. The modifications allow the usage of some new functions, which will increase the efficiency of online reporting system.

The Court of Justice of the European Union’s judgment delivered in case C-562/17 on 14 February 2019 is worth to be briefly referred to also with regard to BREXIT. Further to the judgment the provisions of the Council Directive 86/560/EEC for taxable persons not established in the territory of a...

Further to the subject of our last newsletter in which we referred to  the generalised reverse charge mechanism that could be applied under certain conditions, the Court of Justice of the European Union’s judgment delivered in case C‑434/17 on 13 February 2019 with Hungarian relevance also...

The draft proposal approved in December 2018 on Act CXCV of 2011 on public finance and the amendment of other laws modifies the time limit of using the loss carried forward generated before the 1st of January 2015.

On 21st December 2018 the Hungarian National Tax and Customs Administration (NAV) issued an official publication on VAT liability and invoicing obligations of vouchers.