Taxes
Fall and the new school year is on us. This is the season for new rentals and rental renewals, so we prepared a quick summary about rentals, taxes, and VAT on rentals in Hungary. Taxes depend on who is renting out the property As a rule of thumb, the taxes you pay depend on the …
The post VAT and other taxes on rentals in Hungary appeared first on Helpers Finance.
Your Hungarian company will most likely be a VAT subject, which means you will have to add VAT, or Value Added Tax to your sales. You will also be paying VAT on your purchases, but you will be able to reclaim VAT later. VAT in Hungary When you are making purchases on Hungary, the sales …
How to reclaim VAT at your Hungarian company Read More »
The post How to reclaim VAT at your Hungarian company appeared first on Company Formation.
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.
The short answer is: Hungary does not limit the number of citizenships its citizen may hold at the same time. You can have Hungarian citizenship as your second or third citizenship.
The post How many citizenships does Hungary allow? appeared first on Hungarian Citizenship.
In Europe, VAT is a tax on consumption, added to the net price of goods. Standard VAT rates are different in each EU member state and depend on the type of goods or services. If you trade internationally, calculating VAT will be an essential part of your accounting and bookkeeping.
The post VAT rates in Hungary appeared first on Helpers Finance.
The deadline to report your personal income tax in Hungary is coming up: 21 May 2024, Tuesday. At the same time, you can also donate 1+1% of your taxes. This costs you nothing, and you can support a good cause.
The post Don’t forget to donate your 1% personal income tax appeared first on HELPERS.
The deadline to report your personal income tax in Hungary is coming up: 21 May 2024, Tuesday. At the same time, you can also donate 1+1% of your taxes. This costs you nothing, and you can support a good cause.
The post Don’t forget to donate your 1% personal income tax appeared first on Helpers Hungary.