Minimum Wage

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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Salaries and Payroll Taxes in H2 2019, Hungary

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%).

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Salaries and Payroll Taxes in 2019, Hungary

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.

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Salaries and Payroll Taxes in 2018, Hungary

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.

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Salaries and payroll taxes in 2017, Hungary

2017 has just started, and the new regulation for Hungarian payroll taxes and salaries are in. The government has finalized its decisions, and the most significant changes are the increase of minimum wage and the decrease in the employer’s payroll taxes.

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Checklist for hiring an employee – Employment in Hungary

If you run a Hungarian company, sooner or later you will need employees to help you run your business. Finding the right employee is an art in itself, for which you might want to consult an HR specialist. Apart from that, there are some basic things you need to know.

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