Benefits
NÉTAK gives mothers of four or more children an exemption from paying personal income tax. They will earn more while the employer’s costs related to their salary do not increase, making NÉTAK beneficial for both employer and employee.
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We proudly announce that our English-language online Hungarian salary calculator is now available. Check out the Hungarian salary calculator Designed for foreign-owned companies Our clients are mostly foreigners operating a company in Hungary. As such, for them the most important pieces of information are the company cost and the net salary: how much hiring an …
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While decreasing business volumes caused by the pandemic place an unexpected burden of both employers and employees, various benefits and tax reductions help business owners in Hungary to retain work force while keeping their business afloat. State aid for reduced working hours Lower business volume means less income as well as less work. As a …
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When and who to report changes connected to child benefits (family allowance and family tax benefit)
It is your task as a responsible parent to keep track of your and your children’s status and report any changes to the authorities AND to your employer’s accountant to make sure you receive the right amount of child benefits.
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Family allowance is one of the best-known child benefits in Hungary, a general financial support paid directly by the state to all families bringing up children.
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In Hungary, there are many forms of child benefit. The two most important are the family allowance (“családi pótlék”) and the family tax benefit (“családi adókedvezmény”). The basis of both is how many children someone takes care of, either as a parent or a guardian, and how many of them are eligible for child benefit. …
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