The autumn tax package might bring significant help if the buyer doesn’t pay
The practice first changed in 2019, since then, for example, if a painting company does its work as agreed but its client does not pay the invoice, it can already reclaim the VAT paid, thus incurring a loss “only” on the costs incurred during the performance. Thus, between companies, it has been possible for two years to recover VAT on bad debts.
Related news
18+! Will cola be next after the energy drink?
According to the new regulations coming into force in Hungary,…
Read more >The parliamentary debate on agrarian laws has begun
The main goal of the draft law is to increase…
Read more >German legislative proposal alarms Klarna
The federal German government intends to amend data protection law.…
Read more >Related news
Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >NAK: April frosts caused significant damage
April frosts caused significant damage to many orchards. Farmers have…
Read more >Spanish government bans ultra-processed foods and energy drinks from schools
The Spanish government is banning ultra-processed foods and energy drinks…
Read more >