Follow us on



Key proposals to amend tax laws submitted to Parliament in May 2016
Submission process for Polish VAT returns to get stricter
Submission process for Polish VAT returns to get stricter

What's new

Country-by-country reporting in Hungary

CbC reports must contain – in a breakdown by tax jurisdiction or group entity – information relating to revenues (from related and unrelated parties), profit (loss) before income tax, income tax paid, income tax accrued, stated capital, accumulated earnings, number of employees, tangible assets other than cash or cash equivalents and main business activity.

Read More

In certain cases the reimbursement of VAT can be claimed directly from the tax authority

The findings of the judgment can be of reasonable support in cases where the tax authority denied the right of VAT deduction and assessed a tax penalty by arguing that the parties concerned incorrectly applied the reverse charge mechanism instead of charging VAT according to the general rules.

Read more

Prospective hires look for flexibility, easy-going co-workers, and the ability to take longer breaks from work

Asked to rank job characteristics in order of importance, prospective hires put flexible work options and a good rapport with colleagues at the top of the list. Money is important, but prospective employees’ needs go beyond their salary: they only ranked it third among the top five priorities. In the survey, conducted between November 2016 and March 2017, PwC Hungary asked 13,000 high schoolers, college students and recent graduates about their job preferences.

Read more

Majority of global financial services companies plan to increase FinTech partnerships as 88% concerned they will lose revenue to innovators

A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: FinTech’s growing influence on Financial Services.

Read more

Digitisation and the skills crunch: no CEO left unfazed

Hungarian CEOs are confident about their company’s growth prospects over the next 12 months, but are less optimistic about Hungarian and global economic growth. Looking at target markets, the US and China have grown in importance, while Germany remains the country CEOs view as the most important. CEOs identified innovation and human capital as the two areas they most want to strengthen in order to capitalise on new opportunities. They are concerned that key skills shortages, which have become more acute in recent years, could impair their outlook. In fact, 92% of CEOs say this is the single biggest obstacle to their company’s growth.

Read more

For the upcoming events, subscribe to our newsflash!

On the go?

Explore our video library

PwC's 5th Hungarian CEO Survey

See the results!

The tools and resources you need for the career you want.

Learn more

PwC Hungary in a striking new office building

PwC Hungary has moved into Eiffel Palace

PwC Hungary: We all have a part(y) to play

PwC Önkéntes nap 2016