Child Benefits
The personal income tax refund for families, first floated in June, has recently been finalized. Anyone raising children in Hungary can expect a refund on their personal income tax paid in 2021, reimbursed early 2022. Are you eligible? How much to expect? Find out below! Who is eligible for the personal income tax refund? The …
The post Personal income tax refund for families in 2022 appeared first on Helpers Finance.
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.
The post NÉTAK: the tax benefit of mothers of four or more appeared first on Helpers Finance.
The family allowance is paid directly to the parents of eligible children. It is the basis of the family tax benefit, which reduces the amount of taxes on the gross salary of employees.
The post Child benefits most relevant for employment in Hungary appeared first on HELPERS.
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.
The post When and who to report changes connected to child benefits (family allowance and family tax benefit) appeared first on Helpers Finance.
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.
The post Family allowance in Hungary appeared first on Helpers Finance.
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. …
The post Family tax benefit: the child benefit in Hungary relevant for salary calculation appeared first on Helpers Finance.