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Despite recent rumors, Revolut is not moving out of Hungary. However, Revolut’s Hungarian HUF bank account is being cancelled as of 1 April 2022, which is most relevant for employers sending salaries to Revolut accounts and people spending HUF in Hungary. Get an overview from us, and see if you are affected. Who is Revolut …
The post What is happening to the Hungarian HUF bank accounts of Revolut? appeared first on Helpers Finance.
When you are moving your business to Hungary, you should be aware of the regulations that will apply to your employees. Working time in Hungary is strictly regulated to ensure that employees can maintain a healthy work-life balance, while employers can take advantage of their workers remaining healthy and motivated. Read our comprehensive summary to […]
The post Work-life balance and working time in Hungary appeared first on Hungarian Work Permit.
The simple answer is no, you do not need a university degree to get a work permit in Hungary. However, you still need to prove that you are qualified for the job you want to perform in Hungary. So how does that work? Let us explain! Your qualifications should match your work When you apply […]
The post Do I need a university degree to get a work permit in Hungary? appeared first on Hungarian Work Permit.
The Labor Code in Hungary (and in the EU) aims at protecting the rights of both the employer and the employee. It also includes how and when an employment relationship can be terminated – while immigration law governs what happens to the work permit when that happens. Work permit during employment The Hungarian work permit […]
The post Trial, notice, termination with a work permit appeared first on Hungarian Work Permit.
The minimum wage has been raised to HUF 200,000 gross, while the social contribution tax has been reduced to 13%. At the same time, personal income tax for persons younger than 25 has been abolished.
The post Salaries and payroll taxes in 2022, Hungary appeared first on HELPERS.
Starting from 2022, people under 25 do not pay personal income tax in Hungary. The new regulation aims at making the employment of young people more attractive to employers, while giving young people a boost in getting independent and starting their own life. Personal income tax benefit of young people from 2022 Under the new …
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If you operate a business in Hungary, you should be aware of bank holidays, when employees are not required to work normal working hours, and customers usually do not expect normal business hours. There are 13 of these each year, sometimes supplemented by extra rest days to create 4-day long weekends.
The post Bank holidays in 2022 Hungary appeared first on HELPERS.
Every employer must make sure their employees work in a safe environment. Law governs safety measures that must be applied at every work place, and that includes providing employees the knowledge for reducing risks. This is usually realized over work safety trainings to employees. Reducing risks through safety trainings While creating a safe working environment […]
The post Work safety trainings in Hungary appeared first on Hungarian Work Permit.
In Hungary, employees are entitled to at least 20 vacation days each year. This is a paid leave, and it is the employer’s responsibility to ensure that their employees actually take these days off in the given year. In some cases, however, vacation days can be carried over to the following year. Learn how and …
The post How to carry over vacation days to the next year appeared first on Helpers Finance.
Alongside the next increase to the minimum wage just announced for 2022, social contribution tax will be decreased to even out the financial burden on employers. This way minimum wage employees get a significant raise without a significant increase in their employers’ payroll costs. Social contribution tax decrease over the years 10 years ago, the …
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