World of knowledge
New opportunity from 2026: donating 2% of personal income tax for the benefit of parents (for the 2025 tax year)
For the 2025 tax year, in tax returns filed in 2026 a new option becomes available to individuals. Under the legislative change, 2% of the personal income tax paid may also be donated to parents. The amendment was introduced based on Section § 50aa of the Income Tax...
Tax changes in Hungary in 2026
The year 2026 brings significant changes to the Hungarian tax system: invoicing and data reporting obligations will be amended, certain tax allowances will be expanded, and several rules affecting both businesses and private individuals will be revised. The new...
Archive
Electronic cash registers: significant changes in Slovakia from 2026
On 3 December 2025, the Slovak Parliament adopted an amendment to Act No. 289/2008 on the use of electronic cash registers, which will enter into force on 1 January 2026. The aim of the new regulation is to make the rules on the discontinuation of electronic cash...
Family Support Benefits in Slovakia in 2025 II.
Duration of the parental leave in 2025. In 2025 the mothers are fundamentally entitled to 34 weeks of maternity leave, what includes the periods before and after childbirth. In certain cases, the leave is extended: 43 weeks in the case...
Family Support Benefits in Slovakia in 2025 I.
Childbearing represents a significant responsibility for families, and the state seeks to provide support through various financial and in-kind benefits. In 2024, we already reviewed the eligibility conditions for maternity benefits. The...
Beyond salary: valuable benefits at the workplace in Hungary II.
Fringe benefits In case of the fringe benefits, we are talking about reduced taxation, as this results in a tax liability of "only" 28% (15% personal income tax + 13% social security contribution) for the employer. One of the most...
Beyond salary: valuable benefits at the workplace in Hungary I.
The satisfied employee is a committed employee. The committed employee is not only capable, but also willing to contribute more to the success of the company. Nowadays, the issue of well-being at work is a key management issue. Perhabs...
Electronic invoicing in Hungary, who is obligated to do, and how to store theese type of invoices?
Based on Government Decree No. 273/2007 (X.19) and Government Decree No. 19/2009 (I.30), from July 1, 2025, all companies engaged in the trade or distribution of electricity or natural gas are required to issue electronic invoices. Who...
Everything you need to know about holidays in Hungary
How much in advance should you request your leave? Most of the time you can find the answer of your company’s internal policy. However, according to the Labour Code, your employer must respond to your leave request at least 15 days...
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