Bookkeeping
As of July 2025, a new option is available to sellers who are issuing receipts instead of invoices: through a dedicated app, they can easily create and immediately report receipts. At the same time, customers may now also use an app to receive receipts, this way reducing paper waste and easily storing e-receipts for future reference.
The post Introducing E-receipts: another step towards digitalization in Hungary appeared first on Helpers Finance.
Hungary has been making great efforts towards digitalizing administrative processes, including reporting sales and income. As the next step, two new IT tools have been introduced to promote paperless solutions for creating receipts. The below article will discuss receipts in Hungary, and in our next article we will talk about the new solutions.
The post What is the difference between invoices and receipts in Hungary? appeared first on Helpers Finance.
As of July 1, 2025, cash payment is becoming a constitutional right in Hungary. This means that apart from specific cases, Hungarian businesses are required to make it possible for their customers to pay with cash if that is their preferred method. Read on to learn if this will affect your operation.
The post Cash payment is now a constitutional right in Hungary appeared first on Helpers Finance.
From July 1, 2025, electricity and natural gas providers in Hungary can send only e-invoices to their B2B clients. If your business has such a contract, it is time you learn how to store electronic invoices in a secure and compliant way.
The post How to store electronic invoices in Hungary appeared first on Helpers Finance.
If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP access, this will take only a few minutes, as the whole procedure is online.
The post Tax returns in Hungary in 2025 appeared first on Helpers Finance.
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.
The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.
You are required to present the ownership structure of your newly created Hungarian company when you are registering it for various services. This is easiest done in the form of a chart that starts with your Hungarian company and ends in the ultimate beneficial owners.
The post How to present the ownership structure of your Hungarian company? appeared first on Helpers Finance.
Tax returns season has come in Hungary. If you are a tax resident, you will need to file your personal income tax report by 22 May. These days it is really simple: just takes a few clicks on the online platform of the Tax Authority.
The post Tax returns in Hungary in 2023 appeared first on Helpers Finance.
Are you new to business? Or maybe just to flat-rate taxation? Either way, you might wonder how and when you are supposed to first pay the local business tax, since it is normally calculated based on the tax of the previous year – and you might not have a previous year.
The post Local business tax deadlines for new businesses appeared first on Helpers Finance.
An audit is a procedure where the books of your Hungarian company are closely examined to reveal possible mistakes. Beside voluntary audits done by independent contractors, the Tax Authority can also conduct audits, so make sure your books are in order.
The post Tax audit and compliance audit in Hungary: what is the difference? appeared first on Helpers Finance.