Accountancy

Depending on the organization structure of your company, you might need to offer positions to your employees that are not regular nine-to-five jobs. The allocated cumulative working time (also known as working time banking) offers you and your employees the chance to agree on more flexible working hours that may include night and weekend shifts as well.
The post Allocated cumulative working time in Hungary 2019 appeared first on Helpers Finance.

If you own a Hungarian company, you have to pay certain taxes and contributions after the dividend you take based on whether or not you are a tax resident in Hungary.
The post Being a tax resident in Hungary vs. taking dividend in Hungary appeared first on HELPERS.

Calculating the taxes on dividend and dividend advance is a complex task, so make sure to ask your accountant or payroll specialist to advise you on your specific case before you take dividend from your Hungarian company.
The post Taxes on dividend and dividend advance payments in Hungary appeared first on HELPERS.

In general, the costs related to a business trip are accepted as business costs in Hungary, and as such are deductible from the corporate tax. Some expenses, however, are subject to the so called “representation tax”.
The post Travel expenses of a managing director in a Hungarian company appeared first on HELPERS.

Company owners are allowed to take dividend from the profit of the company. From 2019 January, regulations on dividend tax change: instead of the health contribution, a social contribution tax is to be paid to the tax authority.
The post Changes to the dividend tax in Hungary 2019 appeared first on HELPERS.

Some fringe benefits used to have a tax rate of 40.71% until the end of 2018. Starting from 2019, both the employer and the employee pays the regular payroll and income taxes on them.
The post Fringe benefits in Hungary – Cafeteria 2019 appeared first on HELPERS.

Hungarian payroll taxes and salaries were modified the end of December, but they are already valid for January. Following the same trend as last year, the minimum wage has been increased, while the employer’s payroll taxes remained the same.
The post Salaries and Payroll Taxes in 2019, Hungary appeared first on HELPERS.

In Hungary, every company is required to have accountancy from the moment of company formation. As a result, it is worth choosing a provider that offers both assistance in incorporation and accounting.
The post Accountancy from company formation appeared first on Helpers Finance.

Is your company in need of temporary workforce? Consider simplified employment, which is a simple and cost-effective solution for hiring temporary workers in Hungary. Read on the for the most important questions and answers about hiring temps.
The post Make it simple – Employ a temporary worker in Hungary appeared first on Helpers Finance.

If you operate a company, sooner or later you will need employees. We have already wrote about what to keep in mind when making a new hire – now let’s see the various scenarios for terminating employment.
The post Checklist for terminating employment in Hungary appeared first on HELPERS.