Salaries
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:
The post Economic relief measures in Hungary during the COVID-19 pandemic appeared first on HELPERS.
Are you operating a company in Hungary? Then get ready for 2020, and learn about the changes to regulations that might be relevant to your operation, including VAT, KIVA, and the minimum wage.
The post 2020 changes to taxation relevant for your Hungarian SME appeared first on HELPERS.
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.
We will assist you from the first steps of recruitment to the last: we help you formulate the position, define a salary range based on standard salaries, post the advertisement, screen applicants, and even provide a basic employment contract.
The post Standard salaries in Hungary – How much should you pay your employees? 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.