Staffing Solutions

Changes to taxation in Hungary in 2021 and 2022

Taxes in Hungary are adjusted every year, and the Parliament has recently decided about the next changes to taxation. Some of them will affect your business in Hungary – find out how!

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Salaries and payroll taxes in 2021, Hungary

As of 1 February 2021, the minimum wage is raised to gross HUF 167,400, and the guaranteed minimum salary to gross HUF 219,000. Learn how this affects your company costs.

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Bank holidays in 2021 Hungary

If you operate a business in Hungary and you have employees working for you, you must know about Hungarian bank holidays to better plan work loads, budget for wage supplements, and make informed business decisions.

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Business etiquette for foreigners in Hungary

If you want to build lasting and fruitful business relationships locally, you should get familiar with basic business etiquette in Hungary. Show your respect towards your partners by being well-dressed, punctual, and polite.

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Payroll taxes and contributions reduced in Hungary during the pandemic

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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State aid: 3-month allowance to protect jobs with reduced working hours in Hungary

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.

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Salaries and payroll taxes in 2020, Hungary

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.

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Standard salaries in Hungary – How much should you pay your employees?

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.

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Bank holidays in Hungary in 2020

In 2020, many bank holidays fall on weekends. However, Sundays that are bank holidays are different from regular Sundays. On bank holiday Sundays, shops are typically closed, and if you need employees to work, different wage supplements will apply.

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Working time in Hungary

Working time refers to the time your employee spends working for your company. In Hungary, working hours are limited to 40 hours a week. However, the distribution of those working hours might vary.

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