Accountancy
On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.
The post KATA changes introduced in the middle of the year appeared first on HELPERS.
KATA is one of the most popular tax regimes in Hungary among small taxpayers. For some time, there have been talks about the introduction of further restrictions starting from 2023. Now in just two days, the government has accepted a new set of regulations that practically eliminates KATA from September.
The post New rules slap 400,000 KATA subjects in the face appeared first on Helpers Finance.
When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company.
The post Dividend in Hungary 101: how much do you get from your company? appeared first on Helpers Finance.
KATA is a tax regime in Hungary that can be applied to small companies and freelancers whose yearly revenue is below HUF 12 million. After its introduction in 2013, it soon became immensely popular, even despite the serious constraints imposed upon it over the years. Now it seems government plans to restructure KATA in a way that would make it even less favorable.
The post Plans for restructuring KATA in the works appeared first on Helpers Finance.
Sooner or later, the life cycle of every company comes to an end. It may happen for several reasons: the owner might just want to move on to other, more profitable ventures, or even to retirement, or a market change might be causing the business to become less profitable or downright generate losses. In either case, at one point the time will come to cut losses, tie up loose ends, and liquidate the company.
The post Types of company liquidation in Hungary appeared first on Helpers Finance.
A company can find many uses to a car. However, costs will not only include fuel and maintenance, but also the company car tax, which in Hungary must be paid quarterly after every passenger car – and which has just got raised for H2 2022.
The post Company car tax in Hungary increased for H2 2022 appeared first on Helpers Finance.
Summer is here, and most people choose this season to go on a vacation in Hungary. But how do summer leaves work at a Hungarian company? Read on to find out.
The post Vacation in Hungary from the employer’s point of view appeared first on HELPERS.
If you operate a Hungarian company, you will need an accountant to take care of booking incoming and outgoing invoices, do the payroll administration of your employees, and report data to the Hungarian Tax Authority.
The post Who can be my accountant in Hungary? appeared first on Helpers Finance.
Summer is here, which means a substantial number of students are entering the labor market for the next few months. Just as well, since various industry sectors are in need of the surplus, such as hospitality and agriculture. But how is student work taxed in Hungary, and how can your Hungarian company employ students?
The post Taxes on student work in Hungary appeared first on Helpers Finance.
The end of May is an important time in the life of Hungarian companies. Yearly reports and taxes must be submitted by 31 May. Are you ready for the year-end closing?
The post Year-end closing at your Hungarian company appeared first on Helpers Finance.