Until 2018, the Act on Personal Income Tax made it possible for employers to provide employees tax-free housing support up to an amount of 5 million forints. This popular tax-free benefit form is no longer available from 2019 but the submission, collection of the certificates relating to support provided earlier is in the interest of both employees and companies.
Read moreAs promised, at the end of January the tax authority made available the detailed technical specifications of the first round of invoice XML schema changes planned for this year. Based on this communication, the developers of invoicing systems have three months for the integration and testing of the changes. The Tax Authority declared it will not accept any invoices based on the old schema version (1.0) XML documents from 1st of May 2019.
Read moreAt the moment there is no clear single scenario with respect to how the Brexit will evolve (no-deal Brexit, postponing the Brexit, some sort of deal, etc). We think reasonably prudent businesses should start preparing for no-deal Brexit, despite the probability of other scenarios.
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