As of 1st July 2023, the rules of the extended producer responsibility scheme (EPR in short) must be applied in Hungary. The essence of this is that the manufacturers/first domestic distributors is obliged to assume the financial responsibility for the waste management of their products, and they must bear the costs of collecting and disposing of the waste generated from the so-called circular products.
Thursday, 22 June 2023
Monday, 19 June 2023
The revised eVAT is coming soon! Notice
Testing of the automated VAT declaration system is expected to finally start this autumn, and the system is scheduled to be ready for deployment in 2024.
The introduction of eVAT was originally planned for 2021 but was postponed in the last moment.
Wednesday, 14 June 2023
Another step towards a recycling economy - the extended producer responsibility scheme
The economic model based on single consumption is polluting and wasteful, therefore the implementation of a circular economy has become one of the main goals of the European Union’s environmental and economic policies in recent years. The idea is to extend the life of products as much as possible and minimise waste, rather than consuming them once.
Monday, 12 June 2023
Family tax allowance for foreign individuals
The Hungarian labour market is increasingly
characterised by an influx of foreign workers, which intensified after the
outbreak of the Russian-Ukrainian war. However, there are often tax issues for
foreign workers, such as what tax benefits they are entitled to.
The issue of entitlement to family allowances is discussed below.