ASB Hungary Kft.

Andrássy út 100. 3. em.

1062 Budapest, Hungary

+36 30 175 4383

CA: 26369420242

Direct contact

Dan Ledvinka Group Business Development Director +420 724 377 998 dledvinka@asbgroup.eu

Changes in VAT taxation to be effective from 2021

On 26 August 2020 SK Government approved the proposal of the amendment to the Act No. 222/2004 Coll. on VAT. The amendment transposes European law as regards certain value added tax obligations for supplies of services and distance sales of goods, into local tax legislation.

Changes in the amendment to the Labour Code

An amendment to the Labour Code will enter into force on 30 July 2020 and 1 January 2021, respectively. The aim of the amendment is to simplify the implementation of the rights of the employer and employee in the performance of work, as well as to simplify the performance of the work itself and to support communication between the contracting parties. The amendment to the Labour Code reflects a number of practical problems and regulates a number of important institutes.