Changes to the VAT in Poland — Act SLIM VAT3
Changes to the VAT Act introduced by the Amendment Act of 26 May 2023, the so-called SLIM VAT3 – coming into force on 1 July 2023.
Whistleblower protection law – new duties for employers in Czechia
SME INFO CZ Nr.2023-4 – Czech implementation of EU regulation regarding the protection of persons who report violations of Union law. The new law brings new responsibilities for employers with more than 50 employees and some other specified subjects. The regulation aims to create a safe environment where whistleblowers are not afraid to report unlawful conduct, which they learned about in their work and thus will enable its correction, arrest of perpetrators, etc.
Extra profit taxes in Hungary – SME INFO HU 2023-2
In SME Info nr.2023-2 we show the latest modifications of ‘extra profit taxes’ issued on 31 May 2023 in Government Decree 206/2023 (31.V.). The latest changes mainly related to the year 2024 overwriting the original goal of ceasing the extra profit taxes at the end of 2023.
Amendment to the Czech Labour Code with effect 2023-2024
SME INFO CZ Nr.2023-03: EU Directive 2019/1152, which is being implemented by
the currently prepared amendment to the Czech Labour Code, seeks transparent and predictable conditions and work-life balance for EU employees. Czech government approved the amendment on 5.4.2023.
Extended Producer Responsibility (EPR) in Hungary – SME INFO Nr.2023-01-HU
The Extended Producer Responsibility (EPR) is a new concept based on an EU directive that re-thinks the waste management duties. The current summary is based on the 80/2023 Government Decree on Extended Producer Responsibility (EPR Decree) which was released on 14 March 2023. Our aim is to provide the information published in this decree in an understandable manner. We encourage all stakeholders to fully analyse the main processes of their economic activity as soon as possible, to determine the extent to which circular products covered by EPR play a role in it, and accordingly to develop an action plan to implement the necessary processes.
Legislative change in Czechia – Social insurance payment discount for employer
SME INFO CZ Nr.2023-02: This legislative change – came into effect on 1 February 2023 – is intended to motivate employers to employ disadvantaged groups of employees, and to provide these employees with more opportunities to work employment with shortened weekly hours. However, there are multiple conditions and administrative details to work out for each case, so most of the experts do not see this change in a positive light.