Accountancy
The Hungarian minimum wage has just been increased with ca. 15% for 2023, which will affect not only payroll costs, but also various other tax items tied to the minimum wage. Read on to find out which of these will matter for your Hungarian business.
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FTX is one of the largest international platforms for crypto trading – at least it was until recently. After a scandal related to loans provided to Alameda research, FTX filed for bankruptcy early November 2022, which had far rippling effects throughout the cryptocurrency landscape.
The post FTX bankruptcy and effects on crypto trading around the world appeared first on Helpers Finance.
Set up an EU company that can handle VAT registration and payment for you through the IOSS. Save on your costs and offer better prices as well as better experience to your customers.
The post Are you an online retailer with customers in the EU? appeared first on HELPERS.
Set up an EU company that can handle VAT registration and payment for you through the IOSS. Save on your costs and offer better prices as well as better experience to your customers.
The post Are you an online retailer with customers in the EU? appeared first on Helpers Hungary.
MNB benchmark interest rate and its effects In order to mitigate inflation in Hungary and keep HUF exchange rates from rising too high, in October the Hungarian National Bank (MNB) introduced an 18% interest rate on its overnight deposits. Commercial banks took advantage of this scheme by making deposits at the MNB, offering high interest […]
The post Interest rate cap in Hungary steers investment toward government bonds appeared first on Helpers Finance.
As the end of the year is creeping closer, it is worth starting to prepare for the new year. January is traditionally the season for the introduction of new tax regulations. Read on to find out about the expected changes to taxes in Hungary in 2023.
The post Taxes in Hungary 2023 appeared first on Helpers Finance.
Are you a freelancer who pays taxes under flat-rate taxation in Hungary? Whether you are a KATA orphan or have just started your business, there are a bunch of rules you need to learn about deadlines, limits, and tax exemption. Read on to get an overview of the 5 most important things you must keep in mind.
The post 5 things to watch out for as a freelancer under flat-rate taxation appeared first on Helpers Finance.
As the owner of a Hungarian company, you can use the profit of your company for yourself by taking dividends. Before you can do that, your company will always need a balance sheet, and in some cases, an audit as well.
The post Taking dividends in Hungary – what to watch out for appeared first on Helpers Finance.
KATA orphans and other new freelancers: this is your reminder that you are supposed to make a monthly declaration of your taxable income until the 12th of each month in Hungary. The relevant form, 2258, is now available online as well as in the software for submitting tax related data. Make sure to submit it on time!
The post New flat-rate taxpayers: form 2258 is now available online appeared first on Helpers Finance.
New opportunity to save on taxes in Hungary: If your Hungarian company does most of its business in foreign currencies, you can avoid exchange fees by paying your taxes directly in EUR or USD. The new rules apply to TAO and HIPA (the regular corporate tax and the local business tax), and will be relevant starting from January 2023. Read on to learn about the conditions and the pitfalls.
The post Pay your taxes in foreign currencies from 2023 appeared first on Helpers Finance.