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Business etiquette for foreigners in Hungary

If you want to build lasting and fruitful business relationships locally, you should get familiar with basic business etiquette in Hungary. Show your respect towards your partners by being well-dressed, punctual, and polite.

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Changes to payroll taxes as of 1 July 2020

There have already been several tax related changes this year, and now here are the most relevant changes for employers and employees taking effect on 1 July 2020. Reduced social contribution tax The social contribution tax paid by employers on top of the gross salary is reduced from 17.5% to 15.5% as of 1 July …

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Pandemic relief: state aid, modified payroll taxes and unpaid leave rules

While decreasing business volumes caused by the pandemic place an unexpected burden of both employers and employees, various benefits and tax reductions help business owners in Hungary to retain work force while keeping their business afloat. State aid for reduced working hours Lower business volume means less income as well as less work. As a …

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Payroll taxes and contributions reduced in Hungary during the pandemic

Part of the economic relief measures in Hungary due to the coronavirus pandemic, some payroll taxes are reduced to help retain employees and heighten job security. The structure of fringe benefits and healthcare contributions also changes.

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State aid: 3-month allowance to protect jobs with reduced working hours in Hungary

As part of the economic relief measures in Hungary related to the COVID-19 pandemic, the government will provide an allowance for 3 months for income lost due to reduced working hours.

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Remote working in the Helpers office

The Helpers Team decided to work remotely in order to do our share in protecting the health of everyone we would come in contact with during our daily work, during commuting, and at home. Please consider how you can contribute too.

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Intra-corporate transfer (ICT): How to transfer employees to Hungary?

Some managers and experts are irreplaceable in a corporation. Their expertise may be needed when you are setting up a new entity in a foreign country, or when you are launching a new project at your foreign subsidiary. In these cases, you can send these precious employees on a temporary deputation.

The post Intra-corporate transfer (ICT): How to transfer employees to Hungary? appeared first on Hungarian Work Permit.

Salaries and payroll taxes in 2020, Hungary

2020 has just started, and the new regulation for Hungarian payroll taxes and salaries are in. The most significant change is the increase of the minimum wage.

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Standard salaries in Hungary – How much should you pay your employees?

We will assist you from the first steps of recruitment to the last: we help you formulate the position, define a salary range based on standard salaries, post the advertisement, screen applicants, and even provide a basic employment contract.

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When and who to report changes connected to child benefits (family allowance and family tax benefit)

It is your task as a responsible parent to keep track of your and your children’s status and report any changes to the authorities AND to your employer’s accountant to make sure you receive the right amount of child benefits.

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