HR

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

We proudly announce that our English-language online Hungarian salary calculator is now available. Check out the Hungarian salary calculator Designed for foreign-owned companies Our clients are mostly foreigners operating a company in Hungary. As such, for them the most important pieces of information are the company cost and the net salary: how much hiring an …

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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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Salaries and payroll taxes in 2021, Hungary

As of 1 February 2021, the minimum wage is raised to gross HUF 167,400, and the guaranteed minimum salary to gross HUF 219,000. Learn how this affects your company costs.

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Bank holidays in 2021 Hungary

If you operate a business in Hungary and you have employees working for you, you must know about Hungarian bank holidays to better plan work loads, budget for wage supplements, and make informed business decisions.

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