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EU to introduce extra import taxes on Chinese electric vehicles

To counter the negative effects of the import of heavily subsidized Chinese electric vehicles, the EU is introducing punitive levies from November 2024.

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Working Saturdays in Hungary in 2024

Because of the Christmas holidays, two working Saturdays are coming up in December. It is not too early to start planning: make sure you have a plan for opening and closing times for your business.

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Qvik payment: New mobile payment option in Hungary

Qvik payment is free of transaction fee, which can significantly reduce the costs of sellers, while it offers customers the convenience of paying with a bank card.

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Why to employ pensioners at your Hungarian company?

Retirement age in Hungary is 65 years, after which everyone can receive pension from the state. However, people are allowed to work even if they pass that age. In fact, employing pensioners is encouraged by various tax benefits.

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VAT and other taxes on rentals in Hungary

Fall and the new school year is on us. This is the season for new rentals and rental renewals, so we prepared a quick summary about rentals, taxes, and VAT on rentals in Hungary.

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Tax benefit of labor market entrants reduced from August 2024

If you are in the middle of hiring a person like this, you should consider choosing a starting date still in July, so you can still take advantage of the tax benefit of labor market entrants while it is available.

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When will your Hungarian company need to hire an auditor?

Most Hungarian small and medium sized companies do not need an auditor. However, when they grow to a certain size, they will be required by law to hire an auditor to make sure all their books are in order.

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ONYA user guide – how can ONYA help with your taxes in Hungary?

ONYA is the online portal for reporting your Hungarian income and other information relevant to your taxes. While it is available only in Hungarian, it might make your life easier if you are trying to navigate Hungarian taxation on your own.

The post ONYA user guide – how can ONYA help with your taxes in Hungary? appeared first on Helpers Finance.

NAV-Mobil – the official app of the Hungarian Tax Authority

Do you want to have access to your tax related information on the go? Then the official mobile app of NAV, the Hungarian Tax Authority is for you. For now, the app NAV-Mobil is available only in Hungarian, but it might still be a valuable tool for you.

The post NAV-Mobil – the official app of the Hungarian Tax Authority appeared first on Helpers Finance.

Am I obligated to pay for my employee’s commute expenses?

When it comes to Hungarian labor rights, commuting means that an employee lives in a settlement different from where their workplace is located. When that happens, the employee is eligible for the reimbursement of their commute expenses.

The post Am I obligated to pay for my employee’s commute expenses? appeared first on Helpers Finance.