Analysis

New rules slap 400,000 KATA subjects in the face

KATA is one of the most popular tax regimes in Hungary among small taxpayers. For some time, there have been talks about the introduction of further restrictions starting from 2023 (we wrote about them here). Now in just two days, the government has accepted a new set of regulations that practically eliminates KATA from September. …

The post New rules slap 400,000 KATA subjects in the face appeared first on Helpers Finance.

Dividend in Hungary 101: how much do you get from your company?

When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company. From revenue to profit The money your Hungarian company gets from sales …

The post Dividend in Hungary 101: how much do you get from your company? appeared first on Helpers Finance.

Base rate increase in Hungary to reduce inflation

The Monetary Council of the Hungarian Central Bank increased the base rate with an unexpected 185 basis points. Now analysts expect a base rate above 10% for the fall, which should help restrain inflation and the depreciation of HUF compared to EUR. Base rate increased to 7.75% The recent increase of 185 basis points is …

The post Base rate increase in Hungary to reduce inflation appeared first on Helpers Finance.

ECB board member Fabio Panetta calls for stricter regulation of crypto assets

Fabio Panetta, member of the Executive Board of the European Central Bank has recently made a speech at Columbia University, where he talked about how and why central banks around the world should make a coordinated effort to regulate crypto assets more strictly. Learn about his concerns, the prospects for crypto in the EU, and …

The post ECB board member Fabio Panetta calls for stricter regulation of crypto assets appeared first on Helpers Finance.

Price caps staying in Hungary until 1 July 2022

For the last few months, price caps have been in force in Hungary for fuels and some basic grocery items. While originally they were supposed to be expire in May 2022, the price caps were extended until 1 July 2022. Get an overview of the current situation, and see how it affects your Hungarian company. …

The post Price caps staying in Hungary until 1 July 2022 appeared first on Helpers Finance.

Impending global stagflation and its effects on your business

Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making stagflation an increasing possibility. What do projections say, and how can you best prepare your Hungarian business? Factors leading towards stagflation The coronavirus pandemic that …

The post Impending global stagflation and its effects on your business appeared first on Helpers Finance.

Digital nomad visas on the rise in Europe

Working online has been gaining more and more popularity over the last years. It was a logical next step that work that can be performed remotely should be possible to be performed from the most remote corners of the world. In line with this, countries have started offering digital nomad visas and residence permits to […]

The post Digital nomad visas on the rise in Europe appeared first on New Residency.

Hungarian Citizenship Act grants rights to over 1 million people

The current Hungarian Citizenship Act was accepted in 2010, and it grants citizenship to everyone with Hungarian descendants. Since the new Act came into force, more than 1 million people received Hungarian citizenship, and there are many more eligible. Hungarians around the world Hungary is a relatively small country in the heart of Europe, with …

The post Hungarian Citizenship Act grants rights to over 1 million people appeared first on Hungarian Citizenship.

The crypto landscape in times of war

Cryptocurrencies are stateless, decentralized, anonymous digital currencies, which have often been viewed as a kind of doomsday insurance. They were supposed to be resilient to the fluctuations of the real world, but they have not exactly delivered on that promise as the new dominant international asset. Currency volatility in the crypto landscape The lack of …

The post The crypto landscape in times of war appeared first on Helpers Finance.