Accountancy
While the family tax benefit is being increased from July, eligibility for the tax benefit of mothers of four or more is narrowed down. As a result, payroll specialists need to pay extra attention to calculating taxes for employees this month, while the July take-home-pay of some employees will change in Hungary.
The post Changes to family related tax benefits in Hungary in July 2025 appeared first on Helpers Finance.
Under specific circumstances, your employees are entitled to receive cash benefits from the social security system. Social security allowances are usually paid directly by the Treasury, but in some cases, the employer can become a paying agent for them.
The post Who pays social security cash benefits to your employees? appeared first on Helpers Finance.
Tax residency is about where you pay taxes. In contrast, tax nomadism is a view that if you move around enough, you will not become a tax resident anywhere and you can avoid paying taxes. While this might work in the short run, it will definitely cause problems in the long run. Instead, it makes more sense to make a strategic decision about where you want to be a tax resident.
The post Strategic tax residency can save you time and money appeared first on Helpers Hungary.
As of July 1, 2025, cash payment is becoming a constitutional right in Hungary. This means that apart from specific cases, Hungarian businesses are required to make it possible for their customers to pay with cash if that is their preferred method. Read on to learn if this will affect your operation.
The post Cash payment is now a constitutional right in Hungary appeared first on Helpers Finance.
Accountancy and payroll services are similar in the sense that both are related to finances at your Hungarian company. Sometimes both services are provided by the same provider too. However, they are distinct functions, requiring special expertise.
The post Accountancy vs. payroll services for your Hungarian company appeared first on Company Formation.
In Hungary, child-rearing is supported in various ways. One of them is a lengthy maternity leave discussed in our previous article. Another one is the system of child benefits available to new mothers and parents.
The post Child benefits in Hungary appeared first on Helpers Hungary.
From July 1, 2025, electricity and natural gas providers in Hungary can send only e-invoices to their B2B clients. If your business has such a contract, it is time you learn how to store electronic invoices in a secure and compliant way.
The post How to store electronic invoices in Hungary appeared first on Helpers Finance.
When a child is born, mothers are eligible for 24 weeks of maternity leave in Hungary. During and after their leave, they may receive maternity benefits from the state. At the same time, both parents become eligible for extra days of PTO and other forms of leave and benefits.
The post Maternity leave and benefits in Hungary appeared first on Helpers Hungary.
Hungary has the lowest corporate tax rate in the EU at just 9%. But business owners should also be aware of another tax: the local business tax, or HIPA (short for “Helyi Iparűzési Adó” in Hungarian). This tax can be up to 2% of your net income and is charged based on where your business operates.
The post Understanding Local Business Tax (HIPA) in Hungary appeared first on Company Formation.
If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP access, this will take only a few minutes, as the whole procedure is online.
The post Tax returns in Hungary in 2025 appeared first on Helpers Finance.