On April 1, 2019, an amendment to the Czech Income Taxes Act came into effect. This amendment imposes a new reporting obligation of taxpayers. Who does the obligation apply to?
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Main statements and payments due in April 2019
We would like to bring your attention to the most important deadlines related to taxation in the Czech Republic, Hungary, Romania and Slovakia. Download our 2019 Tax Calendar as a Month-by-Month Calendar in a more convenient format from here, to have all the important dates at a hand's reach. If you want to receive notifications
Prepare for a new withholding tax obligation in Poland | News Flash
Withholding tax payers are tax non-residents, therefore Polish companies act as the payer of the respective tax and have to control the amount of payments made to a foreign contractor. From July 2019, according to the new tax obligations, the payers (Polish companies) will be required to collect the withholding tax in full amount (from
Audit Obligation in Hungary | News Flash
Download PDF As the annual closures approach, it is smart checking some highlighted areas again. One of these checkpoints is the audit obligation. There are several statutory requirements for audit obligation, but primarily the provisions of the Accounting Act must be taken into account. The law obliges all companies to audit, but waives this obligation
Main statements and payments due in March 2019
If you are running a business in the Czech Republic, Hungary, Romania and Slovakia, we highly recommend paying attention to the most important tax-related deadlines you need before starting any tax-filing this month. Our 2019 Tax Calendar can also be downloaded as a Month-by-Month Calendar in a more convenient format from here. Stay updated on tax-related matters
The seniority statement – a mandatory document for Romanian employees | News Flash
The seniority statement is a document attesting the length of service and may be issued either by the current employer or by the former employer, upon request.
VAT Exchange rate differences in Hungary | News Flash
Download PDF The VAT exchange rate may be different in the matter of taxation and accounting. The reason is that it is not necessary to synchronize the applied exchange rates, but the legal requirements must be followed; the exchange rate of the Tax Law must be used in taxation, while the exchange rate of the
The optional VAT registration can now be performed through the electronic submission of a Sworn Statement in Romania | News Flash
Starting February 1st, 2019, the optional VAT registration procedure (turnover below the threshold) can be performed through the electronic submission of a Sworn Statement.
Employment law news in the Czech Republic | News Flash
As of 1st January 2019, the limits on travel reimbursement in the Czech Republic are changed. Read how the meal allowance or average price per litre of fuel increased.
New obligation to register ultimate beneficial owners in the Slovak Commercial Register | News Flash
Download PDF With effective date as of 1 November, 2018, legal entities registered in the Commercial Register, which are not public authorities or issuers of securities admitted for trading on regulated market, are required to register into the relevant Commercial Register information regarding their ultimate beneficial owners (hereinafter the “UBOs”), on the basis of the
Changes in travel reimbursement in the Czech Republic valid from 1st January 2019 | News Flash
As of 1st January 2019, the limits on travel reimbursement in the Czech Republic are changed. Read how the meal allowance or average price per litre of fuel will increased.
Super-gross salary – changes in the Czech Republic as of January 2019 | News Flash
As of January 2019, an amendment fundamentally changing the calculation of so called super-gross salary of the employees subject to the social and health insurance system of another EU Member State entered into force in the Czech Republic.
Cultural vouchers – a new benefit for motivating employees in Romania | News Flash
Starting January 1st, 2019, employers from Romania will be able to include – in the benefits package for employees – also the cultural vouchers.
Minimum wage in the Czech Republic is increasing from 1st January 2019 | News Flash
Download PDF The minimum wage in the Czech Republic will be increased from 1st January 2019 from CZK 12.200 monthly to CZK 13.350 monthly. Guaranteed levels of minimum wage Based on Government regulation there is a new minimum wage level set up from 1st January 2019 in the Czech Republic. The new level of the
The Ministry of Finance postpones the restrictive regulations on withholding tax in Poland | News Flash
Government Legislation Center has published a draft legislation introducing a number of significant changes regarding business taxation in Poland.
