Accountancy
The Hungarian National Bank has just published its latest data on cash usage in Hungary. There are currently 725 million HUF bank notes and 2.6 billion HUF coins in use, worth HUF 9.125 billion in total. The most popular pieces are the HUF 20,000 notes and the HUF 5 coins, so the pieces of the highest and lowest value.
The post Cash remains essential in Hungary in 2025 appeared first on Helpers Finance.
Many of those Hungarian businesses that are allowed to issue receipts instead of invoices are in fact required to issue those receipts with cash register machines. Read on to learn how this works in Hungary, and how to decide if you should be using a hardware-based cash register.
The post Who needs a cash register in Hungary? appeared first on Helpers Finance.
Starting from September 15, new and stricter rules have been introduced regarding EU VAT invoices. If you have customers from other EU member states, read on to learn what changed and what you should watch out for.
The post Stricter rules for issuing EU VAT invoices in Hungary appeared first on Helpers Finance.
As of July 2025, a new option is available to sellers who are issuing receipts instead of invoices: through a dedicated app, they can easily create and immediately report receipts. At the same time, customers may now also use an app to receive receipts, this way reducing paper waste and easily storing e-receipts for future reference.
The post Introducing E-receipts: another step towards digitalization in Hungary appeared first on Helpers Finance.
Hungary has been making great efforts towards digitalizing administrative processes, including reporting sales and income. As the next step, two new IT tools have been introduced to promote paperless solutions for creating receipts. The below article will discuss receipts in Hungary, and in our next article we will talk about the new solutions.
The post What is the difference between invoices and receipts in Hungary? appeared first on Helpers Finance.
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.