Minimum Wage

Hungarian government budget for 2025 presented

The Hungarian government budget for 2025 was presented to the Parliament on 11 November, and is expected to be finalized by 20 December. It contains not only the amounts to be spent on various institutions, but also predictions and expectations for 2025.

The post Hungarian government budget for 2025 presented appeared first on Helpers Finance.

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.

Salaries and payroll taxes in 2024, Hungary

Like every year, minimum wages have recently been adjusted to offset the impact of inflation. The minimum wage was increased by ca. 15%, and the guaranteed minimum salary by ca. 10%. There have been no changes to payroll taxes in 2024. At the same time, there are some new features for the SZÉP Card.

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

Minimum wage in Hungary in 2024

The Hungarian government has announced the minimum wage and the guaranteed minimum salary for 2024. The gross minimum wage will increase by 15%, and the guaranteed minimum salary by 10%. The increase is implemented early, as of 1 December 2023.

The post Minimum wage in Hungary in 2024 appeared first on Helpers Finance.

2024 changes to taxes in Hungary

Last week the 2024 changes to taxes in Hungary were announced. While the package has a number of tax increases to counter inflation, most taxes directly relevant to doing business, such as corporate tax and payroll taxes remain the same. Read on to see what’s new.

The post 2024 changes to taxes in Hungary appeared first on Helpers Finance.

2023 tax changes in Hungary

Are you an expat living, working, or doing business in Hungary? Then it is best if you keep an eye on changes to regulations in case any of them are relevant to you.

The post 2023 tax changes in Hungary appeared first on HELPERS.

2023 tax changes in Hungary

Are you an expat living, working, or doing business in Hungary? Then it is best if you keep an eye on changes to regulations in case any of them are relevant to you.

The post 2023 tax changes in Hungary appeared first on Helpers Hungary.

Salaries and payroll taxes in 2023, Hungary

With the ca. 15% increase to minimum wages in Hungary, you must make sure that the salaries you pay your employees are still above the required minimum, and adjust salaries and labor contracts as necessary.

The post Salaries and payroll taxes in 2023, Hungary appeared first on HELPERS.

Salaries and payroll taxes in 2023, Hungary

With the ca. 15% increase to minimum wages in Hungary, you must make sure that the salaries you pay your employees are still above the required minimum, and adjust salaries and labor contracts as necessary.

The post Salaries and payroll taxes in 2023, Hungary appeared first on Helpers Hungary.