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Personal income tax refund for families in 2022

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!

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Employee rights in Hungary

When you are bringing talent to your Hungarian company from your home country, you should be aware of the most important aspects of employment as defined by the local labor law. Take a look at our quick summary of the most basic employee rights in Hungary! Hungarian Labor Code defines all aspects of employment in […]

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Outsourced accounting vs. in-house accounting

Start-ups and SMEs usually have outsourced accounting. But what are the main benefits, and when does it makes sense to have accountancy in-house instead? There are three main factors to consider: the size, the activity, and the budget of your enterprise.

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Home office vs. telework in Hungary: rights and obligations

The terms home office and telework are often used interchangeably in Hungary, they refer to different concepts. You should be aware of the difference and the implications for you as an employer to ensure that you comply with the regulations.

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Changes to taxation in Hungary in 2021 and 2022

Taxes in Hungary are adjusted every year, and the Parliament has recently decided about the next changes to taxation. Some of them will affect your business in Hungary – find out how!

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How does the SZÉP card work in times of Covid?

The government recently had to adjust the corresponding rules due to the economic impact of Covid. But what are these changes are and how long will they be in place?

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The private health insurance system in Hungary

Private health insurance plans allow you to access private healthcare facilities for a monthly fee. These institutions usually offer higher comfort, shorter waiting periods (if any), and more modern equipment than public hospitals.

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Public health insurance in Hungary: fees & coverage

Health insurance is an important concern for all of us, and even more so currently. You may know everything about health insurance fees and coverage in your own country, but how much do you know about the Hungarian system?

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Hungarian salary calculator available – in English, online

The main goal of our Hungarian salary calculator is to help foreign company owners make an informed decision before deciding to hire workforce, and save costs on this element of business planning.

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Minimum wage in Hungary increases

The recent changes to regulations have increased the minimum wage in Hungary by 4%. The guaranteed minimum salary, another type of minimum pay, has also grown by the same amount. In this blog post, we explain how this affects your accounting.

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