Monday, 19 December, 2016
Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.
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KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.
Read MoreMonday, 19 December, 2016
Value Added Tax, or VAT in Hungary is a consumption based tax, which is regularly added to the net price of products sold. If you have a company and you can reclaim VAT, its sum will matter to you. So let’s see the changes to VAT in Hungary in 2017.
Read MoreMonday, 19 December, 2016
Hungarian taxation rules are quite strict. If you run a Hungarian company, you need an accountant who is knows the latest updates to regulations and all declaration process changes.
Read MoreMonday, 19 December, 2016
Personal income tax in Hungary is currently 15%. It is deducted from the gross salary of employees, who get only their net salary. It is the employer who transfers taxes and contributions to the authorities. This will not change in 2017 – let’s see what will!
Read MoreMonday, 19 December, 2016
In Hungary, children usually start school at the age of 6, and continue until the age of 18. Budapest offers several educational opportunities for non-Hungarian children of all ages, mostly in English, French, German, as well as some other languages. We present primary and secondary schools (also called general education) here; please refer to this post for foreign-language university education.
Read MoreMonday, 19 December, 2016
Many local universities offer English-language courses within student exchange frameworks like Erasmus, and several Hungarian universities offer courses or whole degree programmes in foreign languages, mainly English and German.
Read MoreWednesday, 14 December, 2016
If you want to set-up a company in the EU, Hungary has been the best choice for a long time. Now running a business in Hungary will become even more economical thanks to new legislation on 9% corporate tax from 2017.
Read MoreThursday, 8 December, 2016
After you have passed all your exams, you probably want to forget about textbooks and classes and just have fun for a while. Luckily, Hungary offers a range of summer events, including various music festivals in all sorts of locations and musical genres, so you can be sure to find your favorite.
Read MoreThursday, 8 December, 2016
In Hungarian primary and secondary schools, the school year starts on the 1st of September and ends on the 15th of June. At universities, the exact start of the academic year can vary a little, but it is usually divided into two semesters.
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