Payroll Taxes
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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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.
The post State aid: 3-month allowance to protect jobs with reduced working hours in Hungary appeared first on HELPERS.
The Hungarian government introduced the following economic relief measures to alleviate the burdens posed by the current COVID-19 pandemic, and make sure it is easier for everyone to get through these difficult times and pick up work once the situation clears up:
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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.
Employ disadvantaged workers and reduce the payroll taxes your Hungarian company pays to make your Hungarian operation more cost-effective.
The post How to reduce payroll taxes in Hungary in 2019? 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.
Some fringe benefits used to have a tax rate of 40.71% until the end of 2018. Starting from 2019, both the employer and the employee pays the regular payroll and income taxes on them.
The post Fringe benefits in Hungary – Cafeteria 2019 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.
If your company has employees, your company deducts the personal income tax from their gross salaries (together with the social contributions). This way employees only get their net salaries, and you transfer their personal income tax to the Tax Authority.
The post How does the Hungarian personal income tax change in 2018? 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.