Accounting and Finance

Tax residency is about where you pay taxes. In contrast, tax nomadism is a view that if you move around enough, you will not become a tax resident anywhere and you can avoid paying taxes. While this might work in the short run, it will definitely cause problems in the long run. Instead, it makes more sense to make a strategic decision about where you want to be a tax resident.
The post Strategic tax residency can save you time and money appeared first on Helpers Hungary.

When a child is born, mothers are eligible for 24 weeks of maternity leave in Hungary. During and after their leave, they may receive maternity benefits from the state. At the same time, both parents become eligible for extra days of PTO and other forms of leave and benefits.
The post Maternity leave and benefits in Hungary appeared first on Helpers Hungary.

With the season for filing your tax returns for 2024 coming up in Hungary, we have prepared you a quick summary of deadlines, complete with explanations of the most important concepts.
The post Filing your tax returns in Hungary in 2025 appeared first on Helpers Hungary.

Fringe benefits in Hungary are usually referred to as “cafeteria”. Fringe benefits typically offer better options for taxation than regular salaries, while they can give a boost to specific sectors of domestic economy and contribute to overall transparency.
The post Fringe benefits in Hungary – Cafeteria 2025 appeared first on Helpers Hungary.

The SZÉP Card is the most popular form of fringe benefits in Hungary, as it boosts specific domestic industries while providing preferential tax options to employers and employees. Since its 2011 introduction, it has undergone various changes. Read on to get an overview of the SZÉP Card in 2025.
The post SZÉP Card in 2025 in Hungary appeared first on Helpers Hungary.

In Hungary, there are some laws and regulations that get updated every year. These include the minimum wage, and various taxes relevant to income from employment, company operation, and other sources. Read on to get an overview of the most important 2025 changes to taxes and more!
The post 2025 changes to taxes and other relevant regulations in Hungary appeared first on Helpers Hungary.

Just like every year, minimum wages are being adjusted as of 1 January 2025 so employees can receive a living wage. While employment related taxes do not change, the family tax benefit is increased, and fringe benefits are expanded.
The post Salaries and payroll taxes in 2025, Hungary appeared first on Helpers Hungary.

Company modification is the official procedure through which a lawyer’s help you can change the core data of your Hungarian company with the Company Registry. One of the cases when you need this procedure is when your company is hiring an auditor.
The post Company modification tips Hungary – Hiring an auditor appeared first on Helpers Hungary.

Company modification is the official procedure through which a lawyer’s help you can change the core data of your Hungarian company with the Company Registry. One of the cases when you need this procedure is when your company is hiring an auditor.
The post Company modification tips Hungary – Hiring an auditor appeared first on HELPERS.

The deadline to report your personal income tax in Hungary is coming up: 21 May 2024, Tuesday. At the same time, you can also donate 1+1% of your taxes. This costs you nothing, and you can support a good cause.
The post Don’t forget to donate your 1% personal income tax appeared first on HELPERS.