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Retirement age in Hungary is 65 years, after which everyone can receive pension from the state. However, people are allowed to work even if they pass that age. In fact, employing pensioners is encouraged by various tax benefits.
The post Why to employ pensioners at your Hungarian company? appeared first on Helpers Finance.
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?
The post List of countries shortened for guest worker residency appeared first on HELPERS.
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?
The post List of countries shortened for guest worker residency appeared first on Helpers Hungary.
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.
The post Tax benefit of labor market entrants reduced from August 2024 appeared first on Helpers Finance.
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.
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.
The post Wage supplements and overtime in Hungary appeared first on Helpers Finance.
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.
The post Exemption form work in Hungary appeared first on Helpers Finance.
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.
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.
The post Disability benefit for the personal income tax in Hungary appeared first on Helpers Finance.
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.