The move to electronic invoicing could be the first step in transforming administration. An increasing number of companies prefer contactless payments...
In the current economic climate, Hungarian businesses are also facing gradually rising energy prices, and are having to pay several times more than they used to for gas and electricity. One way to reduce costs is to invest in energy efficiency, to which the Corporate Tax Act also links a tax allowance.
Repetitive tasks involved in monthly payroll processing are among the areas where digitisation is critical as it reduces errors and makes it easier to ensure legal compliance and precise timing. Both smaller and larger companies face ever-increasing requirements, and outsourced payroll can boost technology adoption or remotely perform the tasks associated with being a social security disbursement agency.
Although the government\'s efforts had previously pointed towards administrative simplification, new excess profits taxes have been introduced due to external and internal economic factors.
The redesigned Széchenyi Card MAX program has been launched and loan applications are now being accepted in Hungary. Loans are available to small and medium-sized enterprises that have no public debt and have been operating for at least one full year.
