Tag "Grant Thornton"
ESG: why is everyone only talking about large companies?
ESG aspects are key sustainability metrics. Yet, when we talk about ESG compliance, we most often refer to large companies and listed companies. But what about medium-sized companies, which are...
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New ESG detail rules published
On 15 August implementing regulations were published that provide precise guidance for Hungarian companies on the preparation and publication of ESG reports. This article is available for reading in Trade...
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New detailed ESG rules have been published
The executive decrees governing the obligations regarding the ESG Report have been published. Based on the detailed rules, the domestic enterprises obliged to ESG received precise instructions on how to...
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The summer extra tax changes have been published
In the 74th issue of the Magyar Közlöny published on July 8, 2024, three government decrees were announced, which introduce changes and new tax obligations regarding the taxation system, social...
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Focus on ESG: what is double materiality?
The widespread adoption of sustainability measures and ESG policies is creating new challenges for companies. Under the Sustainability Act (Act 108 of 2023) and the EU’s Corporate Sustainability Reporting Directive...
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The regulation containing the IT requirements of the NIS2 Act has been published
On June 24, the “Cyber Science Act” government decree on cybersecurity certification and cybersecurity supervision, containing the IT requirements system, became effective. The publication of the executive order related to...
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NIS2: who should be the person responsible for the security of information systems?
With the entry into force of the “Cyber Science Act” on cybersecurity certification and cybersecurity supervision, the implementation of the EU’s new NIS2 (Network Information System v2) directive into the...
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What is double materiality in ESG?
Based on the Sustainability Act (Act No. 108 of 2023) and the EU CSRD (Corporate Sustainability Reporting Directive) adopted in December, large companies must conduct a double materiality assessment that...
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Grant Thornton: The number of female managers is on the rise
While the proportion of senior management positions held by women worldwide has increased from 19.4% to 33.5% in two decades, progress has been disappointingly slow – just 1.1% growth from...
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Fulfilling sustainability requirements can give Hungarian companies a competitive advantage
Starting this year, fundamental changes have come into effect in the area of corporate obligations related to sustainability, i.e. ESG, which will affect all domestic companies in one way or...
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Changes are coming to corporate loans – banks are scrutinizing companies due to sustainability risks
Starting this year, fundamental changes have come into effect in the area of corporate obligations related to sustainability, i.e. ESG, which will affect all domestic companies in one way or...
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What makes procurement sustainable? An expert from Grant Thornton explains
The purchasing area and the purchasers are under increasing pressure in order to integrate sustainability criteria into purchases, support the transition to a circular economy, and the company’s carbon neutrality...
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What you should know about the Complaints Act
The topic of the first broadcast of international business and tax consulting firm Grant Thornton is Whistleblowing, compliance with the EU’s new Whistleblower Directive, also known as the Whistleblowing Act....
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A group-wide complaint reporting system is not sufficient
Many global and large national companies already have a centralized group-level whistleblowing system and trust that this global solution will also be suitable for member companies operating in individual countries....
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The currently known rules of the extended producer responsibility system would change significantly
On June 19, 2023, a proposal to amend the regulations of the extended producer responsibility system (EPR) was published on the website of the Ministry of Energy, which would fundamentally...
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New technology supports data-based electronic invoicing
The National Tax and Customs Administration has taken a big step to support the spread of data-based electronic invoicing. The long-awaited invoice visualization tool is ready, with which you can...
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Regional research was conducted on e-invoicing
At the initiative of the Hungarian office of the international business and tax consulting company Grant Thornton, a survey was prepared on the e-taxation practices of the neighboring countries. The...
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NAV grants access to online cash register data
As of 6 February the National Tax and Customs Administration (NAV) makes it possible for taxpaying enterprises to get access to the data transmitted by their online cash registers. Péter...
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As you haven’t yet thought about investments for energy efficiency purposes: a means of tax reduction
Due to the energy crisis affecting the whole of Europe and the resulting rise in energy prices, more and more Hungarian businesses are thinking about making investments and renovations aimed...
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Grant Thornton: this is how to preserve the stability of companies in times of inflation
Inflation is putting pressure on the economy worldwide, and the situation is not expected to improve in the near future. The corporate sector is facing serious challenges and, like the...
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(HU) Ultrakonzervatív a magyar vállalatok számlázási gyakorlata
Sorry, this entry is only available in HU....
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