Payroll Taxes
The SZÉP Card is the most popular form of fringe benefits in Hungary, as it boosts specific domestic industries while providing preferential tax options to employers and employees. Since its 2011 introduction, it has undergone various changes. Read on to get an overview of the SZÉP Card in 2025.
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In Hungary, the minimum wage is increased every year so it can remain a living wage against inflation. In line with this, the minimum wage is increased again as of 1 January 2025. Read on to see how this will affect your Hungarian business.
The post Minimum wage in Hungary in 2025 appeared first on Helpers Finance.
Starting from 1 January 2025, the three most prominent personal income tax benefits cannot be applied anymore to the salaries of most third-country nationals working in Hungary.
The post 2025 tax benefit reduction for third-country nationals in Hungary appeared first on Helpers Hungary.
Just like every year, minimum wages are being adjusted as of 1 January 2025 so employees can receive a living wage. While employment related taxes do not change, the family tax benefit is increased, and fringe benefits are expanded.
The post Salaries and payroll taxes in 2025, Hungary appeared first on Helpers Hungary.
Retirement age in Hungary is 65 years, after which everyone can receive pension from the state. However, people are allowed to work even if they pass that age. In fact, employing pensioners is encouraged by various tax benefits.
The post Why to employ pensioners at your Hungarian company? appeared first on Helpers Finance.
If you are in the middle of hiring a person like this, you should consider choosing a starting date still in July, so you can still take advantage of the tax benefit of labor market entrants while it is available.
The post Tax benefit of labor market entrants reduced from August 2024 appeared first on Helpers Finance.
When it comes to Hungarian labor rights, commuting means that an employee lives in a settlement different from where their workplace is located. When that happens, the employee is eligible for the reimbursement of their commute expenses.
The post Am I obligated to pay for my employee’s commute expenses? appeared first on Helpers Finance.
To support people who live with severe health conditions, Hungary offers them a special type of personal income tax benefit. The disability benefit reduces the personal income tax one has to pay, increasing the net salary of employees.
The post Disability benefit for the personal income tax in Hungary appeared first on Helpers Finance.
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.
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.