Tax law changes in Hungary – June 2025
SME INFO Nr.2025-2 Hungary – The recent 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.
Changes in payroll in 2025 in Czechia
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.
Tax changes adopted in Hungary in autumn 2024
SME INFO Nr.2024-6 Hungary – The Autumn Tax Package 2024 brought quite a lot of changes, both major and little. This publication focuses on changes in tax laws, not comprehensively, as usual, but highlighting topics we consider important.
ESG reporting and sustainability report under Act on Accounting
PS SME Info Hu 2024-5: In this newsletter, two new standardized reporting obligations based on EU-adopted directives and standards, effective in Hungary from 1 January 2024 are reviewed: the ESG reporting and the sustainability report under the Act on Accounting.