Taxes
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.
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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.
If you own a Hungarian company, you have to pay certain taxes and contributions after the dividend you take based on whether or not you are a tax resident in Hungary.
The post Being a tax resident in Hungary vs. taking dividend in Hungary appeared first on HELPERS.
Calculating the taxes on dividend and dividend advance is a complex task, so make sure to ask your accountant or payroll specialist to advise you on your specific case before you take dividend from your Hungarian company.
The post Taxes on dividend and dividend advance payments in Hungary appeared first on HELPERS.
Company owners are allowed to take dividend from the profit of the company. From 2019 January, regulations on dividend tax change: instead of the health contribution, a social contribution tax is to be paid to the tax authority.
The post Changes to the dividend tax in Hungary 2019 appeared first on HELPERS.