Accountancy
With the season for filing your tax returns for 2025 coming up in Hungary, we have prepared a quick summary of deadlines, complete with explanations of the most important concepts and tasks. Personal income tax, tax benefits, tax residency, and options for filing your tax returns explained in one place.
The post Filing your tax returns in Hungary in 2026 appeared first on Helpers Hungary.
In an attempt to give a boost to the Hungarian hospitality industry, business meals at restaurants are not subject to representation tax starting from February 2026. At the same time, pálinka, a typical Hungarian fruit spirit can also be given freely as a business gift. These measures are supposed to also benefit businesses that often do business meetings over meals and like to present Hungarian-typical gifts to their partners. Learn about the Hungarian representation tax and the new exemptions here.
The post Representation tax waived for business lunches and pálinka appeared first on Helpers Finance.
Cash transactions in Hungary are limited only for B2B transactions; here the limit is HUF 1.5 million in any calendar month regarding each contract. There are no limits on B2C transactions, although they require additional paperwork above certain thresholds depending on the products sold. You will also need to set a limit for yourself regarding how much cash you may handle at your Hungarian business.
The post Limits on cash transactions at your Hungarian business appeared first on Helpers Finance.
In an attempt to better support families in Hungary, various tax benefits have been introduced and then extended over recent years. One of them is the tax exemption for mothers, which allows women to avoid paying personal income tax based on their age and the number of their children. Eligibility conditions have been being broadened, and the trend is expected to continue in coming years.
The post Tax exemption for mothers in Hungary appeared first on Helpers Finance.
At a Hungarian business, every money transaction needs to be documented. This is true not only for electronic or wire transactions, but also for cash transactions. If your business manages cash, you will need to have a petty cash log and appropriate documentation even if you do not have a regular cash register. Additionally, petty cash registers are often scrutinized during tax audits, so they must be up to date.
The post Petty cash and cash limitations in Hungary appeared first on Helpers Finance.
In Hungary, the start of the year is always about updates to regulations. Business owners especially should watch out for updates that might be relevant to your business operation, although some changes are relevant to natural persons too. Below you can find a quick overview with links to more detailed descriptions. Read on!
The post 2026 changes to taxes and other relevant regulations in Hungary appeared first on Helpers Hungary.
Fringe benefits are a form of compensation apart from a salary. They are typically available for specific purposes and at tax rates lower than those of regular salaries. If you are interested in applying them at your Hungarian company, consult your accountant to see if they indeed provide a cost-effective solution for your business.
The post Fringe benefits in Hungary – Cafeteria 2026 appeared first on Helpers Finance.
Start the new year by getting up to speed regarding new regulations that may affect your company operation in Hungary. Read on to get a summary, and let us know if you need help with business setup, administration, or accountancy.
The post Important updates for your Hungarian business in 2026 appeared first on Company Formation.
Every year, minimum wages are adjusted so employees can receive a living wage despite inflation. This year, employment related taxes do not change, so business costs will increase in proportion with the increase that has come into effect as of January 1, 2026.
The post Salaries and payroll taxes in 2026, Hungary appeared first on Helpers Hungary.
The new year has arrived, and several changes announced throughout last year have come into force now. See our summary here and start the new year fully compliant with HR and payroll related regulations.
The post HR and payroll related changes in Hungary in 2026 appeared first on Helpers Finance.