Personal Income Tax
On 8 July 2022, the U.S. officially notified Hungary that it was unilaterally terminating the double taxation treaty between the two countries. But what does that mean exactly, and what to expect?
The post U.S. cancels double taxation treaty with Hungary appeared first on HELPERS.
After new restrictions on the KATA tax regime made it impossible for many current KATA taxpayers to continue doing business under the same rules, we have compiled a set of options they can choose instead, complete with drawbacks and pitfalls.
The post Options for KATA taxpayers starting from September appeared first on Helpers Finance.
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.
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?
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 your 1+1%.
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!
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.
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!
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.