Minimum Wage
The ongoing coronavirus pandemic has had dire effects on world economy, creating bottlenecks in supply chains, rearranging the labor market, and increasing inflation, with the effects expected to be felt well into 2022. What are the most obvious changes? Find out with us.
The post Worldwide inflation due to the pandemic expected to decrease in 2022 appeared first on Helpers Finance.
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!
The post Changes to taxation in Hungary in 2021 and 2022 appeared first on HELPERS.
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.
The post Minimum wage in Hungary increases appeared first on Helpers Finance.
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.
The post Salaries and payroll taxes in 2021, Hungary appeared first on HELPERS.
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.
The post Payroll taxes and contributions reduced in Hungary during the pandemic appeared first on HELPERS.
Are you operating a company in Hungary? Then get ready for 2020, and learn about the changes to regulations that might be relevant to your operation, including VAT, KIVA, and the minimum wage.
The post 2020 changes to taxation relevant for your Hungarian SME appeared first on HELPERS.
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.
The post Salaries and payroll taxes in 2020, Hungary appeared first on HELPERS.
As of 1 July 2019 the Employer’s payroll tax decreased from 21% to 19%. This is thanks to the decrease of the social contribution tax from 19.5% to 17.5%, as it is a major element of the payroll tax (the other is the vocational training contribution tax at 1.5%).
The post Salaries and Payroll Taxes in H2 2019, Hungary appeared first on HELPERS.
Hungarian payroll taxes and salaries were modified the end of December, but they are already valid for January. Following the same trend as last year, the minimum wage has been increased, while the employer’s payroll taxes remained the same.
The post Salaries and Payroll Taxes in 2019, Hungary appeared first on HELPERS.
In 2018 again, Hungarian payroll taxes and salaries have been modified to meet the new conditions of the changing world. Just like last year, the minimum wage has been increased, while the employer’s payroll taxes decreased.
The post Salaries and Payroll Taxes in 2018, Hungary appeared first on HELPERS.