Changes in employment of foreigners in Czechia
SME Info Czechia 2025-3 – Reporting deadlines are stricter from October 2025, non-compliance triggers penalties.
Changes to global minimum tax obligation adopted in June 2025
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.
Changes to Sustainability Report and ESG Act adopted in June 2025
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.
Tax law changes in Hungary – June 2025
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…
Tax and other changes affecting payroll effective from 1 July 2025
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.
A “Flexi” amendment changes Labour Code from 1 June 2025 in Czechia
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.