Newsletters

The modifications to next year’s tax laws were adopted by the Parliament surprisingly early this year (on 16 June 2015). In our current newsletter we aim to offer a brief summary of these 2016 changes.

On 27 May 2015 amendments to the advertisement tax were adopted by the Parliament under exceptional proce­dure. According to the official explanation the correction has become necessary…

This is a change of VAT law already approved in 2014, only  with effective date as of 1.4.2015. The reverse charge applies to transactions with total amount of the tax base supplied all the selected goods exceeds the amount of CZK 100 000 (if more types of goods are selected then sum of the relevant one needs to considered, not separate values per product code).

On 16 October 2014, Slovak Parliament approved the Act on Several Measures Relating to Reporting of Serious Anti-Social Activity and on Amendments and Supplements to Certain Laws, referred to as the Whistleblowing Act.

With effect from 1.1.2015, all employers are required to provide occupational health services.

In the recent issue of PS Hungary Newsletters we review the most important changes of personal income tax, social security contributions and social contribution tax.