Newsletters

SME INFO Nr.2025-4 – In this publication, we review the changes to the Act on Global Minimum Tax, the Act on Rules of Taxation and the Act on Accounting, adopted in June 2025, affecting the global minimum tax obligations. We also outline the significance of the so-called DAC9 Directive proposal adopted by the EU in April.

PS SME Info Hu 2025-3 – As of 1 January 2024, two important sustainability-related legislative changes have entered into force in Hungary. Pursuant to the ESG Act, those, subject to this act must carry out sustainability due diligence, including ESG reporting, and the Act on Accounting was supplemented with requirements for sustainability reporting. In this publication we review the legislative changes affecting these two reporting obligations.

SME INFO Nr.2025-2 Hungary  – The spring tax package brought significant changes primarily in the area of family allowances. In addition, the government decree governing extra profit taxes has been abolished and the remaining extra profit taxes have been raised to the level of the law…

SME INFO Nr.2025-1 Hungary  – Our current newsletter summarises the new legislation affecting payroll, whether previously or recently adopted, all of which will enter into force on 1 July 2025.

SME Info Czechia 2025-2 – After some lengthy and heated discussions the Czech parliament approved an amendment to the Labour Code. Employment termination without reason is not part of it, as most employers hoped. It contains rather minor changes to increase labour market flexibility or reduce ambiguities.

SME Info Czechia 2025-1 – Increase of minimum wage – The minimum wage was increased by CZK 1,900 to CZK 20,800 from CZK 18,900 as of 1 January 2025. The hourly minimum wage is CZK 124.4 per hour.