Analysis

Uncertainties in the banking world – is 2008 repeating?

Less than two weeks ago, the U.S. American Silicon Valley Bank (SVB) went bankrupt. Since it manages the funds of several Silicon Valley companies that belong in a growth industry in the U.S., there is a worry that the even can start a domino effect. There is already a ripple effect observable globally – will it wear off before it leads to a new recession?

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First results from the 2023 Census of Hungary: population and homes

The Hungarian Central Statistical Office has published the first results of the census conducted last fall in Hungary. The first data pertain to the number of people and homes.

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First results from the 2022 Census of Hungary: population and homes

The Hungarian Central Statistical Office has published the first results of the census conducted last fall in Hungary. The first data pertain to the number of people and homes.

The post First results from the 2022 Census of Hungary: population and homes appeared first on Helpers Hungary.

U.S.-Hungarian double taxation treaty stays canceled

Last week the Hungarian Tax Authority has published a notice about the effects of the cancellation of the U.S.-Hungarian double taxation treaty. This marks an end to hopes that the treaty might be reinstated or a new treaty might be introduced.

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How long will the MNB keep up the tight monetary policy in 2023?

Last week the Hungarian National Bank (MNB) held a press conference about economic expectations in Q1 2023 and the measures it is taking to counter inflation and moderate foreign exchange rates. They are continuing the implementation of a tight monetary policy until more encouraging economic trends are detected.

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Inflation in Hungary – what to expect in 2023

Are you running a business in Hungary? Get familiar with the latest statistics and projections regarding GDP and inflation in Hungary in 2022 and 2023 based on the latest data.

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Flat-rate taxation costs: a comprehensive guide for freelancers in Hungary

Flat-rate taxation (or “átalányadó”) is currently the most popular tax regime among freelancers with a relatively low annual revenue. It is not as straightforward as KATA, but it is still simple and low cost compared to other tax regimes.

The post Flat-rate taxation costs: a comprehensive guide for freelancers in Hungary appeared first on Helpers Hungary.

Flat-rate taxation costs: a comprehensive guide for freelancers in Hungary

Flat-rate taxation (or “átalányadó”) is currently the most popular tax regime among freelancers with a relatively low annual revenue. It is not as straightforward as KATA, but it is still simple and low cost compared to other tax regimes.

The post Flat-rate taxation costs: a comprehensive guide for freelancers in Hungary appeared first on HELPERS.

FTX bankruptcy and effects on crypto trading around the world

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. Read on to get a quick overview of the events. From …

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Stay on top of the October economic trends and investment options in Hungary

How to make the most of your money is never an easy question. Especially under the current, unprecedented circumstances, among a pandemic, war, and increasing energy costs, it is increasingly difficult to make the right investment decisions. Read on to get an overview of the most prominent economic trends in Hungary in October 2022. Inflation …

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