التصنيف: المحاسبة والمالية

Duty-free shopping and VAT refund in Hungary

Duty-free shopping and VAT refund in Hungary

الأربعاء, 31 أغسطس, 2022

Non-EU residents visiting the EU have the option to avoid paying VAT on their purchases in Hungary. This is possible either by shopping duty-free at an airport, or by making purchases at regular stores and reclaiming VAT upon leaving the EU.

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U.S. cancels double taxation treaty with Hungary

U.S. cancels double taxation treaty with Hungary

الخميس, 28 يوليو, 2022

On 8 July 2022, the U.S. officially notified Hungary that it was unilaterally terminating the double taxation treaty between the two countries. But what does that mean exactly, and what to expect?

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SZÉP card in Hungary in 2022

SZÉP card in Hungary in 2022

الأربعاء, 20 يوليو, 2022

SZÉP card is the most popular form of fringe benefits in Hungary. It can normally be used for recreational activities, but because of the pandemic, some alterations were introduced. Among these, users were allowed to use the SZÉP card for buying foodstuff as well – with July that has come to an end.

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KATA changes introduced in the middle of the year

KATA changes introduced in the middle of the year

الأربعاء, 13 يوليو, 2022

On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.

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banking in Hungary

Banking in Hungary

الجمعة, 1 أبريل, 2022

These days, banking is made simple through online platforms and mobile phone apps. But how exactly does money transfer work in Hungary? What is IBAN, SWIFT, and OBA?

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Salaries and payroll taxes in Hungary in 2022

Salaries and payroll taxes in 2022, Hungary

الخميس, 6 يناير, 2022

The minimum wage has been raised to HUF 200,000 gross, while the social contribution tax has been reduced to 13%. At the same time, personal income tax for persons younger than 25 has been abolished.

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Business gifts in Hungary

Business gifts in Hungary

الأربعاء, 22 سبتمبر, 2021

They say it is better to give than to receive. It is certainly nice to present your business partners with something nice, but what written and unwritten rules pertain to business gifts in Hungary? Let’s find out the basics.

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payroll taxes in 2021

Salaries and payroll taxes in 2021, Hungary

الإثنين, 1 فبراير, 2021

As of 1 February 2021, the minimum wage is raised to gross HUF 167,400, and the guaranteed minimum salary to gross HUF 219,000. Learn how this affects your company costs.

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Business etiquette Hungary

Business etiquette for foreigners in Hungary

الإثنين, 28 سبتمبر, 2020

If you want to build lasting and fruitful business relationships locally, you should get familiar with basic business etiquette in Hungary. Show your respect towards your partners by being well-dressed, punctual, and polite.

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Payroll taxes and contributions reduced in Hungary

Payroll taxes and contributions reduced in Hungary during the pandemic

الإثنين, 11 مايو, 2020

Part of the economic relief measures in Hungary due to the coronavirus pandemic, some payroll taxes are reduced to help retain employees and heighten job security. The structure of fringe benefits and healthcare contributions also changes.

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