Taxes
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. KATA: the tax for small taxpayers 10 years ago, KATA was introduced to encourage people …
The post Options for KATA taxpayers starting from September appeared first on Helpers Finance.
SZÉP card is the most popular form of fringe benefits in Hungary. It can normally be used for recreational activities, but because of the pandemic, some alterations were introduced. Among these, users were allowed to use the SZÉP card for buying foodstuff as well – with July that has come to an end.
The post SZÉP card in Hungary in 2022 appeared first on HELPERS.
On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.
The post KATA changes introduced in the middle of the year appeared first on HELPERS.
KATA is one of the most popular tax regimes in Hungary among small taxpayers. For some time, there have been talks about the introduction of further restrictions starting from 2023 (we wrote about them here). Now in just two days, the government has accepted a new set of regulations that practically eliminates KATA from September. …
The post New rules slap 400,000 KATA subjects in the face 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. 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.
KATA is a tax regime in Hungary that can be applied to small companies and freelancers whose yearly revenue is below HUF 12 million. After its introduction in 2013, it soon became immensely popular, even despite the serious constraints imposed upon it over the years. Now it seems government plans to restructure KATA in a …
The post Plans for restructuring KATA in the works appeared first on Helpers Finance.
After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.
The post Hungary vetoes EU global minimum tax proposal appeared first on HELPERS.
A company can find many uses to a car. However, costs will not only include fuel and maintenance, but also the company car tax, which in Hungary must be paid quarterly after every passenger car – and which has just got raised for H2 2022. Which vehicles does company car tax refer to? The company …
The post Company car tax in Hungary increased for H2 2022 appeared first on Helpers Finance.
Whether you can set up an offshore company in Hungary depends on what you mean by an offshore company. Discover the most widespread definitions, and learn if Hungary is a good match for you.
The post Can I set up an offshore company in Hungary? appeared first on HELPERS.