Accountancy

Filing your tax returns in Hungary in 2025

With the season for filing your tax returns for 2024 coming up in Hungary, we have prepared you a quick summary of deadlines, complete with explanations of the most important concepts.

The post Filing your tax returns in Hungary in 2025 appeared first on Helpers Hungary.

Local business tax in Hungary

While corporate tax in Hungary is the lowest in the EU at just 9%, there is another profit tax business owners must keep in mind: the local business tax, or HIPA in Hungarian. It means an additional 2% tax on your net income, depending on where your business operates. Get an overview below. “Local” means …

The post Local business tax in Hungary appeared first on Helpers Finance.

Can I put my own money in my Hungarian company?

You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.

The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.

Tax brackets in Hungary

Hungary does not have a progressive tax system, so it doesn’t really have tax brackets. However, it offers various tax benefits and preferential tax regimes that are available under certain income limits.

The post Tax brackets in Hungary appeared first on Helpers Finance.

Global minimum tax 2025: Hungary is a Safe Harbour

This is good news for multinational companies operating in Hungary, as both their tax and administrative burdens lighten.

The post Global minimum tax 2025: Hungary is a Safe Harbour appeared first on Helpers Finance.

Revenue cap increased for VAT free business operation in Hungary

As of January 1, 2025, the revenue cap for VAT exemption is increased to HUF 18 million in Hungary. This is great news to small businesses, since price increases of the last few years would have otherwise forced them to become VAT subjects.

The post Revenue cap increased for VAT free business operation in Hungary appeared first on Helpers Finance.

Fringe benefits in Hungary – Cafeteria 2025

Fringe benefits in Hungary are usually referred to as “cafeteria”. Fringe benefits typically offer better options for taxation than regular salaries, while they can give a boost to specific sectors of domestic economy and contribute to overall transparency.

The post Fringe benefits in Hungary – Cafeteria 2025 appeared first on Helpers Hungary.

What is FEOR in Hungary?

FEOR in Hungary is the standard classification of occupations. You will need it when you report a new hire to the Tax Authority, and it is used to make statistics about how the population is employed.

The post What is FEOR in Hungary? appeared first on Helpers Finance.

SZÉP Card in 2025 in Hungary

The SZÉP Card is the most popular form of fringe benefits in Hungary, as it boosts specific domestic industries while providing preferential tax options to employers and employees. Since its 2011 introduction, it has undergone various changes. Read on to get an overview of the SZÉP Card in 2025.

The post SZÉP Card in 2025 in Hungary appeared first on Helpers Hungary.