Business Planning
If you were a KATA subject, you probably had to make some tough decisions over the last month or so. As 1 September, the great watershed is here, let’s have an overview of things to take care of when switching to KATA 2.0 or choosing another tax regime. Which way next? KATA was available to …
The post Checklist for KATA orphans and KATA 2.0 subjects in September appeared first on Helpers Finance.
While flat-rate taxation is a cost-effective alternative for self-employed KATA orphans from September, it is not available for limited partnerships. Instead, they may consider whether TAO, KIVA and/or EKHO are suitable alternatives for their company. Limited partnerships in Hungary The limited partnership (“betéti társaság” or “BT”) in Hungary is a popular form of company for …
The post KATA alternatives for limited partnerships: TAO, KIVA, EKHO appeared first on Helpers Finance.
Starting from September, many current KATA subjects are losing eligibility for this tax regime. If “KATA orphans” want to continue doing business as self-employed in Hungary, they must choose another form of taxation. Flat-rate taxation is among the most cost-effective options for freelancers. Flat-rate taxation in a nutshell Similarly to KATA, flat-rate taxation (“átalányadózás” in …
The post KATA alternative no. 1 for the self-employed: flat-rate taxation appeared first on Helpers Finance.
After new restrictions on the KATA tax regime made it impossible for many current KATA taxpayers to continue doing business under the same rules, we have compiled a set of options they can choose instead, complete with drawbacks and pitfalls. KATA: the tax for small taxpayers 10 years ago, KATA was introduced to encourage people …
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On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.
The post KATA changes introduced in the middle of the year appeared first on HELPERS.
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.
When you hear the word “cafeteria”, normally you would think of a self-service restaurant. In Hungary, however, “cafeteria” is the collective term for fringe benefits you can give your employees above their gross salary. Learn how it works, and see if it can be beneficial to your Hungarian company. Cafeteria can make you a more […]
The post What is cafeteria in Hungary? Learn about fringe benefits appeared first on Hungarian Work Permit.
hen you set up a company in Hungary, it will need a name that distinguishes it from other ventures. Learn what the compulsory elements of a company name in Hungary are, and choose the perfect name.
The post How to choose a company name in Hungary appeared first on HELPERS.
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.
Every Hungarian company is required by law to have a Hungarian corporate bank account. But how does banking work in Hungary, and which aspects should you consider to make your banking cost-effective as well as effortless? Please note: If you have a Hungarian company, its banking data are part of its official data, and they …
The post How to cut costs on corporate bank accounts in Hungary appeared first on Helpers Finance.