On August 1, the cafeteria calculation rules have been significantly changed again, in relation with the housing benefit supports. From now on, employers can support house purchase, lease, building, expansion, modernization, and accessibility as well as the loan repayments of their employees as a tax free allowance, as these regulations now falls under the power of personal income tax, while a newly released sublet support has appeared too. In our current newsletter, we are going to go through the related changes and amendments about this topic.
Further regulations reducing the grey zone and fictitious transactions have been adopted in Poland. Starting from January 1st, 2017, more transactions between entrepreneurs will have to be settled through payment accounts.
HR department management is increasingly leading a more important role in the salary cost control strategy. HR managers are asked to take on more responsibility for cost reduction. This is the best cost control strategy for HR managers, next to streamlining the processes and procedures and moving to automated HR functions.
Companies interested in delegating employees to Romania may find relevant some basic information regarding the general Romanian legislative frame, especially about delegation/posting and cross border posting.
In 2015, the Ukrainian Supreme Court issued a separate decision on the exclusion of bank customers responsible for fraudulent acts of third parties to the card accounts. Moreover, the banks are obliged to compensate for such loss of customers. Of course, provided that the client was not involved in this fraud, or its improper actions do not put its own account at risk.
Some commissions of the Act LXII of 2016 (called as “omnibus”) affected EKÁER (Hungarian Electronic Public Road Trade Control System) regulations, what will come into force from the 1st of august, 2016. In the following, we are going to summarize in 5 main points that what are these new rules and where should we pay attention.
In the last years, mainly because the short-term rental and property rental are becoming more popular year by year, the real estate market in Hungary is started to continuously uplift. As it didn’t change this year neither, it might be important to discuss every expense and obligation about real estate sale and purchase to not to be caught unprepared if the time comes, therefore in our recent newsletter we are going to cover the duties, taxes, rules and allowances what affecting both the buyer and the seller, to answer every possible questions about this topic.