Taxes
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:
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KIVA, or the small business tax benefits companies in the service industry in Hungary. It is best for companies selling their expertise instead of goods.
The post KIVA, the small business tax in Hungary appeared first on Helpers Finance.
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.
In Hungary, the rate of VAT is usually 27%. There are some special product types where VAT rates are lower. Before you start trading in Hungary, make sure you know how much VAT you must pay to the tax authority in order to properly adjust your margins.
The post VAT rates in Hungary 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.
Family allowance is one of the best-known child benefits in Hungary, a general financial support paid directly by the state to all families bringing up children.
The post Family allowance in Hungary appeared first on Helpers Finance.
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.
What is distance selling? How is distance selling taxed in the EU? When exactly do I have to register for VAT in the other EU member state? Learn more
The post Taxing distance selling in the EU appeared first on Helpers Finance.