Accountancy

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.

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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.

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NACE update 2025: Rev. 2.1 introduced throughout the EU

NACE, or TEÁOR in Hungarian, is a classification of economic activities that is used in Europe to make statistics about what businesses do and where their income is from. The latest NACE update came into force as of 1 January 2025, and it might mean a few additional tasks for you and your accountant.

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TEÁOR’25: latest NACE update introduced in Hungary

NACE, the classification of economic activities in the EU received an update. In Hungarian, it is referred to as TEÁOR’25. See if you need to do anything.

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2025 changes to taxes and other relevant regulations in Hungary

In Hungary, there are some laws and regulations that get updated every year. These include the minimum wage, and various taxes relevant to income from employment, company operation, and other sources. Read on to get an overview of the most important 2025 changes to taxes and more!

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Minimum wage in Hungary in 2025

In Hungary, the minimum wage is increased every year so it can remain a living wage against inflation. In line with this, the minimum wage is increased again as of 1 January 2025. Read on to see how this will affect your Hungarian business.

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Salaries and payroll taxes in 2025, Hungary

Just like every year, minimum wages are being adjusted as of 1 January 2025 so employees can receive a living wage. While employment related taxes do not change, the family tax benefit is increased, and fringe benefits are expanded.

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Tax changes relevant to your Hungarian company in 2025

The Hungarian Parliament has recently accepted the law governing taxes in Hungary in 2025. In our second article on changes being introduced next year, you can discover the 2025 tax changes most relevant to your Hungarian business operation.

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HR and payroll related changes in Hungary in 2025

The new laws governing taxes in Hungary in 2025 has just been published. In our first article on this topic, you can discover the 2025 changes most relevant to HR and payroll, how to calculate taxes, and what benefits you can offer to your employees at your Hungarian company.

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Paid time off or PTO in Hungary

Paid time off or PTO is an integral part of labor law in Hungary. Workers need time off to rest, to heal, or to take care of emergencies without compromising their livelihood. The number of days available for PTO each year depends on various factors.

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