Based on information received from our partner in EPR advisory, we would like to draw your attention to the following changes affecting EPR fees.
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Every autumn, parents of school-age children are faced with the reality that the back-to-school costs are no small expense. Many ask for and receive help from their employers, but fewer are aware of what other options are available to them. In this overview, we look at how this annual expense can be mitigated for employees and employers alike.
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The global hotel industry is undergoing a structural change: demand patterns, pricing flexibility and developmental priorities are all shifting. Luxury segment is gaining strength, the midscale market is stagnating, and investors are seeking faster returns, supported by hotel brands engineered for greater operational efficiency. Moore Hungary’s Hotel Advisory closely monitors these complex dynamics through regular, data-driven analyses and internationally benchmarked consulting insights.
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As of 1 January 2025, the provisions of the Act CL of 2017 on the Rules of Taxation ("Art.") also include provisions on higher default penalty rates for general, not specified cases, as well as penalties regarding employing an unregistered employee and violation of the rules for issuing invoices or receipts and retaining documents.
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As below, we have summarized the most important changes in the Accounting Act effective from 1 January 2025. The purpose of the changes is to ensure compliance with the international standards and reduce the administrative burdens.
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MORE DEDICATED AND MORE FOCUSED ESG BUSINESSLINE AT MOORE HUNGARY
In the next 2-3 years, the new EU and Hungarian legal regulations concerning the sustainability assessment and reporting obligations of businesses will impact the operations of thousands of Hungarian businesses. In this newsletter, we would like to support you and your company in interpreting these regulations and, moving forward, to professionally support you through our ESG services.
The European Union’s Directive on Corporate Sustainability Reporting (CSRD), which came into effect in January 2024, along with its accompanying legislation, the Corporate Sustainability Due Diligence Directive (CSDDD or commonly known as CS3D), marks a new chapter for economic companies operating within the EU.
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As below, we have summarized the most important changes in the Accounting Act effective from 1 January 2024.
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International hotel operators, owners and investors are looking to the future with confidence after a remarkably strong year in which astute resource management and increased digitisation have helped sharpen performance and boost profitability.
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At Moore Hungary, we take pride in celebrating exceptional achievements, and today, we are thrilled to share the remarkable accomplishments of not one, but TWO Hungarian Nobel Prize winners!
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The Széchenyi Recreation Card (hereinafter: SZÉP card), a form of fringe benefit that has existed since 2011, will again be subject to several changes in its taxation and use under the emergency measures of 2023. From 01.01.2023, the card has a sub-account, the balance of which can be used for all the previously known uses (accommodation, catering and leisure).
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