Monday, 11 May, 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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Monday, 23 March, 2020
Some further measures have just been announced to alleviate the burdens of a broader segment of the population, and counter the impact of the current COVID-19 pandemic on Hungarian economy.
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Friday, 20 March, 2020
The Hungarian government introduced the following economic relief measures to alleviate the burdens posed by the current COVID-19 pandemic, and make sure it is easier for everyone to get through these difficult times and pick up work once the situation clears up:
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Tuesday, 3 March, 2020
The family allowance is paid directly to the parents of eligible children. It is the basis of the family tax benefit, which reduces the amount of taxes on the gross salary of employees.
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Friday, 21 February, 2020
Any individual can get access to the Client Gate: not only Hungarian citizens but also other nationals. You can get a user account at any local government office in Hungary.
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Wednesday, 22 January, 2020
Are you operating a company in Hungary? Then get ready for 2020, and learn about the changes to regulations that might be relevant to your operation, including VAT, KIVA, and the minimum wage.
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Wednesday, 22 January, 2020
In Hungary, the rate of VAT is usually 27%. There are some special product types where VAT rates are lower. Before you start trading in Hungary, make sure you know how much VAT you must pay to the tax authority in order to properly adjust your margins.
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Tuesday, 14 January, 2020
2020 has just started, and the new regulation for Hungarian payroll taxes and salaries are in. The most significant change is the increase of the minimum wage.
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Monday, 9 September, 2019
Employ disadvantaged workers and reduce the payroll taxes your Hungarian company pays to make your Hungarian operation more cost-effective.
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Tuesday, 30 July, 2019
As of 1 July 2019 the Employer’s payroll tax decreased from 21% to 19%. This is thanks to the decrease of the social contribution tax from 19.5% to 17.5%, as it is a major element of the payroll tax (the other is the vocational training contribution tax at 1.5%).
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