Blog

2016.02.11Tax VAT

What to do about VAT after kick-starter success?

In our earlier blog post we have already discussed Crowdfunding, the increasingly popular method of community financing.

RSM Global

2016.02.10Accounting RSM

Issue 56 – IFRS News In Brief

Release of the final standard on leases The biggest change introduced by IFRS 16 is that almost all leases will be brought onto lessees’ balance sheets under a single model (except leases of less than 12 months and leases of low-value assets),eliminating the distinction between operating and finance leases. Lessor accounting however remains largely unchanged and the distinction between operating and finance leases is retained.

RSM Global

2016.02.03OECD Tax

OECD announces further action to target international businesses

As the Organisation for Economic Cooperation and Development (OECD) comes to the end of its ambitious two-and-a-half-year BEPS project to design a new framework for international tax, has it found a better and more internationally coherent approach?

RSM Global

2016.01.28RSM

Golfer Andy Sullivan becomes latest Team RSM member

Andy is currently ranked 37th in the world up from 150th at the beginning of 2015, a year that saw him win three times on the European Tour.

Dániel Sztankó

2016.02.02Tax VAT

Periodically settled transactions – changing rules

New rules were introduced from 1 July 2015 for the periodically settled transactions of taxable persons supplying accounting, audit and tax consulting services.

Gábor Fajcsák

2016.01.26BEPS Professional Tax

BEPS 7 Action - Preventing the artificial avoidance of permanent establishment status

In the end of last year, Action 7 addressed preventing the artificial avoidance of PE status.

RSM Global

2016.01.21EBA RSM

Women take centre stage in the UK New Year’s Honour’s List

Since George V founded the Order of the British Empire in 1917, the New Year\'s Honours List - which rewards contributions to the arts, sciences and work with charitable and welfare organisations - has been dominated by men. However, in 2016, the New Year’s Honours list is made up of 578 women – 48 percent of the total.

RSM Global

2016.01.07Accounting RSM

IFRS News In Brief

PUBLICATIONS AND ANNOUNCEMENTS Accounting changes for transactions between investors and associates or joint ventures postponed On 17 December 2015, the IASB confirmed the indefinite deferral of the effective date of the September 2014 narrow-scope amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture until such time as it has finalised a broader review of the equity method of accounting.

RSM Global

2016.01.05RSM

Global economic review 2015/16: a new mediocre?

The IMF forecasts global economic output to grow by 3.6 percent in 2016, an improvement over world GDP growth rates in 2014 (3.4 percent) and 2015 (3.1 percent).

Dániel Sztankó

2015.12.15Tax

New invoicing software requirements and how this may affect your business

From 2014 businesses issuing invoices from their Hungarian VAT number are required to inform the authorities about the invoicing software they use.

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