Accountancy
Your Hungarian company is required to track its incoming and outgoing payments. Your taxes are calculated based on these, and transactions must be recorded. Incoming payments are recorded on invoices in Hungary – read on to learn how that works.
The post Invoices in Hungary: How to create and manage invoices? appeared first on Company Formation.
Money left on a regular bank account pays hardly any interests, while making investments through a securities account can even increase their value, especially in a high inflation environment like that of Hungary these days.
The post What are the advantages of opening a securities account? appeared first on Helpers Finance.
Whether it is because of increased turnover or employees taking their holidays, your business might be in need of temporary workers. You have various options, just make sure to declare the employment correctly to avoid fines.
The post Summer is the season for temporary work – make sure to declare it appeared first on Helpers Finance.
CSOK, the Hungarian family housing allowance was created to support families in finding a home. Young married couples who pledge to have children are eligible for a non-refundable allowance and favorable interest rates for property purchase. Now it seems the conditions for eligibility will be severely reduced starting from 2024.
The post Apply for the Hungarian family housing allowance before it is reduced appeared first on Helpers Finance.
When you have income from interests, normally you pay personal income tax and social security contribution on those. However, if you invest in Hungarian government securities, you may not be required to pay either of those.
The post Tax benefits for government securities in Hungary appeared first on Helpers Finance.
The Hungarian Tax Authority is now sending notices to businesses if the payments they made for 2022 do not match the amount they were supposed to pay, whether they are in arrears or in overpayment. If you are not sure, you can also always check your balance online.
The post Tax payment notices urging businesses to clear their debts appeared first on Helpers Finance.
Recently, the Hungarian Tax Authority has published a press release to remind everyone that Hungarian tax residents must be aware if their income generated abroad is taxable in Hungary too. Relevant data are typically communicated between national tax authorities, and if someone misses declaration, they can expect a payment notice, or even a fine.
The post Hungarian tax residents are responsible for declaring correct data appeared first on Helpers Finance.
As one of the government measures intended to boost the economy, the use of the SZÉP card will be extended again. Starting from 1 August, customers can use their card for buying groceries. This way you as an employer can also provide better fringe benefits to your Hungarian employees.
The post Better fringe benefits for your Hungarian employees in 2023 appeared first on Helpers Finance.
The National Tourism Data Supply Centre was designed to collect real time data and offer up-to-date statistics of the hospitality sector in Hungary. Registration has been mandatory since 1 November 2021, and online data supply must begin on 1 July 2023.
The post The <a>National Tourism Data Supply Centre </a>in Hungary goes to full throttle appeared first on Helpers Finance.
Last week the 2024 changes to taxes in Hungary were announced. While the package a number of tax increases to counter inflation, most taxes directly relevant to doing business, such as corporate tax and payroll taxes remain the same. Read on to see what’s new.
The post 2024 changes to taxes in Hungary appeared first on Helpers Finance.