Personal Income Tax
When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company. From revenue to profit The money your Hungarian company gets from sales …
The post Dividend in Hungary 101: how much do you get from your company? appeared first on Helpers Finance.
Summer is here, which means a substantial number of students are entering the labor market for the next few months. Just as well, since various industry sectors are in need of the surplus, such as hospitality and agriculture. But how is student work taxed in Hungary, and how can your Hungarian company employ students? Student …
The post Taxes on student work in Hungary appeared first on Helpers Finance.
The deadline for submitting the 2021 tax returns in Hungary is creeping closer: 20 May 2022. Don’t worry, it’s not much work: just review the prefilled version prepared by the Tax Authority. If all looks good, hit the submit button, and you are done. Oh, and while you are at it, don’t forget to donate …
The post Tax returns in Hungary in 2022 appeared first on Helpers Finance.
The white card is a new residency option in Hungary targeting digital nomads: third country citizens employed by foreign companies who perform their job online and like always being on the go. But how does paying taxes work as a white card holder? Let us help you find out! White card: residency for digital nomads …
The post Paying taxes as a white card holder in Hungary appeared first on Helpers Finance.
Starting from 2022, people under 25 do not pay personal income tax in Hungary. The new regulation aims at making the employment of young people more attractive to employers, while giving young people a boost in getting independent and starting their own life. Personal income tax benefit of young people from 2022 Under the new …
The post Personal income tax waived for those under 25 in Hungary appeared first on Helpers Finance.
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.
The personal income tax refund for families, first floated in June, has recently been finalized. Anyone raising children in Hungary can expect a refund on their personal income tax paid in 2021, reimbursed early 2022. Are you eligible? How much to expect? Find out below! Who is eligible for the personal income tax refund? The …
The post Personal income tax refund for families in 2022 appeared first on Helpers Finance.
They say it is better to give than to receive. It is certainly nice to present your business partners with something nice, but what written and unwritten rules pertain to business gifts in Hungary? Let’s find out the basics.
The post Business gifts in Hungary appeared first on HELPERS.
NÉTAK gives mothers of four or more children an exemption from paying personal income tax. They will earn more while the employer’s costs related to their salary do not increase, making NÉTAK beneficial for both employer and employee.
The post NÉTAK: the tax benefit of mothers of four or more appeared first on Helpers Finance.
If you live and work in Hungary, you must file tax returns in Hungary every year. With the 20 May deadline for filing your tax returns for the previous calendar year approaching, read a summary on the process and make sure you stay abreast of this topic and avoid unpleasant surprises. Tax return drafts: a …
The post Tax returns in Hungary: the essentials appeared first on Helpers Finance.