Updated 6/19/2020: 290/2020 released on June 17th. Based on the Government Decree, the deadline for applying for subsidy for salary payments has changed. Under the regulation, the application can be submitted until 31 August 2020.…
New decrees of the Hungarian Government have been published on the 21st of April 2020 including further measurements to eliminate economic damages of coronavirus. The orders contain among others the postponement of different tax returns…
As we wrote earlier, state subsidy may be claimed if a company reduces the working hours and this measurement is closely and directly related to the emergency. Even after the interpretation of the government decree…
New protection measurements have been published to support those companies which are in a difficult situation due to the coronavirus. In order to preserve existing jobs, several new subsidies will be introduced, giving companies the…
The digital solutions are much more appreciated now, during the fight against the daily impacts of the Coronavirus pandemic than ever. There are several technology resources that can make easier the work in the accounting and…
During the first weeks of the exposure to the new coronavirus pandemic, companies were busy with finetuning their BCP (Business Continuity Planning) policies and test whether it works well in real-life scenarios. The buzz words…
What can we do to avoid exclusion from the database of debt-free taxpayers (Hungarian term: KOMA) in Hungary if our company is unable to meet tax return and tax payment obligations due to the emergency?…
The GGI (Geneva Group International) Labour & Employment Law Practice Group is proud to present their first Special Edition on the “Impact of COVID-19 on Labour & Employment Law”, providing you with key information from 9 different…
