Sometimes the question arises, what documents are that must be preserved even after five years. Termination of a company does not invalidate documents retention obligation. Consequently, we have to take care of the location of documents.
According to the announcement of the Hungarian government, the minimum wage of unskilled worker increases by 15 percent and the minimum wages of skilled worker grows by 25 percent. On the other hand, the employer contributions decrease by 5 percent in 2017. In addition, in 2018 the minimum wage of unskilled worker will increase by further 8 percent and the minimum wage of killed worker will grow by further 12 percent. What is more, the employer contribution will diminish by further 2 percent.
Today (22/11/2016), The Hungarian Parliament accepted the new tax proposal for the next year. According to the new tax package, the revenue limit of itemized tax of small taxpayers is increased, rules of healthcare contribution is simplified, and the limit of VAT exemption is also grown. The purpose of the new tax package is that the public tax burden and bureaucracy will be reduced while the competitiveness of enterprises and sole traders will be increasing.
Currently, the 48/2013. (XI. 15.) NGM regulation controls the technical requirements, distribution, usage and servicing of cash machines and issue of receipt, as well as presentation of data which recorded by cash machines towards tax authority. The mentioned regulation will enter into force on 1st of January 2017.
We are happy to announce that our websites was renewed.