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How to Make Sure You're the Owner of Your Apartment
January 30th, 2014A Swedish woman had to face the fact she's not the real owner of her apartment in Váci utca 13 years after she bought the property for HUF 53 million. If you bought your…
Read morePaying tax in Hungary? What is tax?
January 16th, 2014I'm not a Hungarian resident... Why should I pay tax in Hungary?According to the Hungarian tax laws you are liable to pay tax on the earnings made within within the borders…
Read moreWhy 'cheap' is more expensive? Two ways of doing tax in Hungary – Simplified or Itemized
January 16th, 2014What's the simplified way?There are two general methods of taxation in Hungary for property related revenue. One is the itemized, the other is the simplified accounting method.…
Read moreDo I have to obtain tax ID in Hungary if I want to rent out my property?
January 16th, 2014How do I get my tax ID?The tax ID is generated by the revenue office for businesses or for private individual doing businesses such as renting out properties. Since August…
Read moreFalk Miksa utca Is to Be Renewed
January 2nd, 2014Reconstructions on Ferenciek tere started last fall, but other constructions are also in process in the 5th district. The Olimpia Park, Váci utca, Duna-korzó and Falk Miksa…
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