Payroll Taxes
Offering fringe benefits can make your company a more attractive work place for professionals, while it also helps you cut costs on taxes and contributions. In light of the latest developments, you might want to change the cafeteria plan you offer to your employees.
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The Helpers Virtual Office and Accountancy combined are the best services to relieve as many burdens from Hungarian company owners as possible. Now new procedure allows your Hungarian Accountant to sign certain payroll related documents, making your life even easier.
The post Authorize your accountant to sign payroll documents for you appeared first on HELPERS.
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.
The post Salaries and payroll taxes in 2017, Hungary appeared first on HELPERS.
Personal income tax in Hungary is currently 15%. It is deducted from the gross salary of employees, who get only their net salary. It is the employer who transfers taxes and contributions to the authorities. This will not change in 2017 – let’s see what will!
The post How do Hungarian personal income tax and social contributions change in 2017? appeared first on HELPERS.
Authorities let companies reduce payroll taxes if they employ workforce who have difficulties entering the labor market. Members of the listed groups may prove as eager, skilled, and earnest employees as anyone else, while employing them grants you significant payroll tax relief.
The post How to reduce payroll taxes in Hungary? appeared first on HELPERS.
The gross salary is what you agree on with your new hire. Employees pay taxes and contributions from that, so in the end they receive only their net salary. Your company also pays contributions, and the sum an employee actually costs you is called super gross salary.
The post How do you calculate salary and contributions in Hungary? – Employment in Hungary appeared first on HELPERS.
Taxation can be a complex matter. In order to best assist you, however, we need to understand the basics of your business operation. Still, you may find the following list of basic corporate taxes useful.
The post Hungary Taxation – Accountancy quick guide appeared first on HELPERS.