HR

List of countries shortened for guest worker residency

Incredible, but cutting some countries for the list of eligible countries for guest worker residency in Hungary is a good thing. How is that possible?

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Tax benefit of labor market entrants reduced from August 2024

If you are in the middle of hiring a person like this, you should consider choosing a starting date still in July, so you can still take advantage of the tax benefit of labor market entrants while it is available.

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Am I obligated to pay for my employee’s commute expenses?

When it comes to Hungarian labor rights, commuting means that an employee lives in a settlement different from where their workplace is located. When that happens, the employee is eligible for the reimbursement of their commute expenses.

The post Am I obligated to pay for my employee’s commute expenses? appeared first on Helpers Finance.

Wage supplements and overtime in Hungary

When you operate a Hungarian company, planning your budget should include planning for payroll costs. Depending on your business model, you might need to apply wage supplements from time to time, so it is worth getting familiar with them.

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Exemption form work in Hungary

Labor law in Hungary is quite strict about how much time employees must be allowed to rest. They have at least 20 days of paid leave each year, and the law also defines reasons for exemption from work, when the employee still gets paid.

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Public holidays in Serbia in 2024

On public holidays, employees might not be required to work, or they should receive extra payment for the same task. Moreover, opening hours for certain services may change as well, which can also affect your business.

Disability benefit for the personal income tax in Hungary

To support people who live with severe health conditions, Hungary offers them a special type of personal income tax benefit. The disability benefit reduces the personal income tax one has to pay, increasing the net salary of employees.

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Salaries and payroll taxes in 2024, Hungary

This year, the minimum wage was increased by 15%, while the guaranteed minimum salary by 10%. No changes were made to payroll taxes in 2024, but there have been some changes to the SZÉP Card.

The post Salaries and payroll taxes in 2024, Hungary appeared first on Helpers Hungary.

Salaries and payroll taxes in 2024, Hungary

This year, the minimum wage was increased by 15%, while the guaranteed minimum salary by 10%. No changes were made to payroll taxes in 2024, but there have been some changes to the SZÉP Card.

The post Salaries and payroll taxes in 2024, Hungary appeared first on HELPERS.

Bank holidays in Hungary in 2024

Learn about all the holidays and special days when your business is supposed to be closed, or when special wage supplements need to be provided to employees working on these occasions.

The post Bank holidays in Hungary in 2024 appeared first on Helpers Hungary.