Tax Benefits
If you are in the middle of hiring a person like this, you should consider choosing a starting date still in July, so you can still take advantage of the tax benefit of labor market entrants while it is available.
The post Tax benefit of labor market entrants reduced from August 2024 appeared first on Helpers Finance.
ONYA is the online portal for reporting your Hungarian income and other information relevant to your taxes. While it is available only in Hungarian, it might make your life easier if you are trying to navigate Hungarian taxation on your own.
The post ONYA user guide – how can ONYA help with your taxes in Hungary? appeared first on Helpers Finance.
Do you want to have access to your tax related information on the go? Then the official mobile app of NAV, the Hungarian Tax Authority is for you. For now, the app NAV-Mobil is available only in Hungarian, but it might still be a valuable tool for you.
The post NAV-Mobil – the official app of the Hungarian Tax Authority appeared first on Helpers Finance.
When it comes to Hungarian labor rights, commuting means that an employee lives in a settlement different from where their workplace is located. When that happens, the employee is eligible for the reimbursement of their commute expenses.
The post Am I obligated to pay for my employee’s commute expenses? appeared first on Helpers Finance.
CSOK Plus, the 2024 edition of the Hungarian family housing allowance and prenatal loan program is giving a new boost to the local real estate market. Read on for a summary on the program and its latest impact.
The post CSOK Plus and the Hungarian real estate market in 2024 appeared first on Helpers Finance.
To support people who live with severe health conditions, Hungary offers them a special type of personal income tax benefit. The disability benefit reduces the personal income tax one has to pay, increasing the net salary of employees.
The post Disability benefit for the personal income tax in Hungary appeared first on Helpers Finance.
A new year has started, and again tax regulations are updated and clarified in Hungary. There are no major tax changes this year, but make sure to read our overview and ask your accountant if there is anything you should pay special attention to this year.
The post 2024 tax changes affecting businesses in Hungary appeared first on Helpers Finance.
While major taxes do not change very often in Hungary, the system is tweaked every year. Read on to learn about changes to taxes most relevant to employees and HR, such as fringe benefits, the social contribution tax, and taxes on various types of gifts.
The post Changes to taxes in 2024 in Hungary relevant for HR appeared first on Helpers Finance.
While personal income tax in Hungary is 15% for everyone, various tax benefits may be applied to that based on age, marital status, and other circumstances. Get an overview of the most important tax benefits below so you will know when you or your employees can get more out of your gross salary.
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Foreign employees living in Hungary based on a work permit are eligible for the same tax benefits as Hungarian citizens. This applies to child benefits too, which might be relevant if the family of an employee is also in Hungary on residency for family unification.
The post Child benefits for foreign workers in Hungary appeared first on Hungarian Work Permit.