Peter Varga on ESOP Taxation at the Flagship Event for SLOVCA 2023
The topic of ESOPs has long been a theme of the Highgate Group. From a tax, legal as well as practical/commercial point of view. The founders of Highgate Group, Tomas Demo and Peter Varga, who are entrepreneurs themselves and directly set up various ESOP schemes for Highgate Group clients, also from a practical point of […]
VAT risks or how bad things can happen to good people
Even if a company does not cheat on VAT and complies with tax regulations, the tax authorities may not recognise its right to deduct VAT or may charge VAT on supplies originally exempt from VAT. Sometimes, acting in good faith alone is not enough to justify a company’s tax position. Too much trust in its […]
Employee Stock Ownership Conference (ESOPe)
We like to do things differently, we even enjoy doing things differently. And obviously this approach proved to be successful when we organized a conference on ESOP – employee stock and stock options in Slovak companies. In a packed half-day programme, we wasted no time with theory, but brought practical insights and actionable information for […]
Highgate Law & Tax named Tax Law Firm of the Year 2023
Highgate Law & Tax participated in the prestigious Law Firm of the Year competition, the only one of its kind in Slovakia, which is attended by major law firms operating in various legal fields in Slovakia. V oblasti daňového práva sa jej podarilo dosiahnuť prvenstvo a bola vyhlásená ako Právnická firma roka 2023 pre dane. […]
Highgate Law & Tax: failure to allow VAT deductions can put a business on the back foot. Peter Varga’s statement for HOSPODÁRSKE NOVINY
In practice, there are several reasons for not granting the right to deduct VAT. The standard ones are that the entity on the invoice did not make the supply, it has not been proven that the supply was made, there was an unjustified tax advantage or there was tax evasion. Or a combination of these. […]
Taxpayers unfairly do not recognize VAT deductions for companies and want the impossible from them. They also go against EU principles – Interview by Petr Varga for TREND
You can read in the interview with Peter Varga for TREND about the cases in which the tax administrator rejects the claim for VAT deduction and also that in many situations this is contrary to EU law. During tax inspections carried out by the auditors of the Financial Administration of the Slovak Republic (FA), a […]
What is the 2023 minimum wage and how does it affect the economy and employees?
Maternity allowance is one of the four benefits provided by the Social Insurance Institution under the sickness insurance scheme. And although its name would suggest that it is provided only to women – mothers, this is not the case. In fact, the Social Insurance Act allows another insured person – the child’s father – to […]
Tomas Demo in an interview about startups for startitup
Our partner Tomas Demo was interviewed by Startitup on the topic of startups, investor requirements, buyers, common mistakes and best tips. Over the past 11 years, Tomas Demo has advised sellers or buyers on 50+ investments and acquisitions. From 100k. EUR convertible loan investments, from angel investors to the sale of a 66% stake in […]
Expert article by Vladimíra Mačuhová and Petr Varga in the Bulletin of the Slovak Chamber of Tax Advisors on the topic of crypto assets
The topic of crypto assets is a multidisciplinary topic. In addition to financial regulation, it is the area of taxation and accounting that requires special attention. The current chaotic state of interpretation and application of the law is not in line with the requirements of the rule of law. That is why it is our […]