Press release
Selecting a currency when starting a company
Selecting a currency and choosing an exchange rate can have a significant impact on a company’s profit and tax liabilities.
EPR decree: last-minute changes
The rules in the EPR decree changed just two days prior to entering into force on 1 July. We’ve summarised what to look out for.
Trusts: narrowing options for optimising tax
One of the most important tax benefits of trusts will disappear in Hungary with the termination of tax-free upwards revaluation.
The Czech recovery package
The Czech recovery package should lead to a reduction in the public budget deficit from 3.5% of GDP this year to 1.2% of GDP in 2025.
UPDATED! 2023 spring tax law amendments in Hungary
Our latest WTS Klient Newsflash summarises the key points of the 2023 spring tax law amendments in Hungary that are important for decision makers.
Social contribution tax on savings on the way!
The social contribution tax on savings affects almost every type of interest income and is payable by private individuals from 1 July.
EPR fees now published for Hungary!
Decree 8/2003 of the Minister of Energy was published on 2 June, which finally clarified the amounts of the EPR fees payable from July.
WTS Klient and Finacont to merge
The two advisory firms will continue their activities together under the name of WTS Klient, becoming one of the largest players on the market after the merger.
The ViDA proposal: the EU’s latest VAT reform
What is the ViDA proposal? Who is affected? What does it mean for companies operating in Hungary? We’ve summarised the most important points.
Accounting treatment of equity investments
The accounting treatment of equity investments held for investment constitutes an ongoing task for the owner throughout the financial year.
New corporate tax law in Turkey
The new corporate tax law in Turkey introduces tax amnesty, tax debt restructuring, voluntary tax base increase and a new one-time tax among others.
Another administrative burden and fee thanks to the EPR scheme
The EPR scheme launches on 1 July in Hungary. Here’s a list of urgent actions to be taken.
Hungarian financial statements from foreign general ledgers
What should you look out for if your company’s bookkeeping is done abroad and so you prepare Hungarian financial statements from foreign general ledgers?
Mandatory e-invoicing in Poland
E-invoicing in Poland will be obligatory for taxable persons based in the country or having FE in Poland, but the commencement date has been deferred.
Extended producer responsibility scheme
The latest WTS Klient Newsflash summarises the most important information about the new extended producer responsibility scheme and the tasks involved.