Taxes
Motor third party liability insurance is required for every motor vehicle running on public roads in Hungary. This type of insurance is called KGFB in Hungarian, and you can switch providers once a year: in November.
The post KGFB: motor third-party liability insurance in Hungary appeared first on HELPERS.
In Hungary, most highways are toll roads, meaning you need to pay a toll while driving them. That is done easiest by buying a toll sticker for the vehicle, which can function as a weekly, monthly, or yearly turnpike pass for your company car.
The post Toll stickers for your Hungarian company car appeared first on Helpers Finance.
Before you make your first hire at your Hungarian company, consider the payroll costs you will incur through their employment. Read on to learn about minimum wages, payroll taxes, and company costs.
The post Budget for the payroll costs at your Hungarian company appeared first on Company Formation.
Starting from the middle of November 2023, wine products sold by vineyards will be exempt from representation tax in Hungary. The decision is expected to give a boost to the wine sector at the end of the year.
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Yes, Hungary allows not only dual, but also multiple citizenships. There is no limit on the number of countries you can be a citizen of beside Hungarian citizenship. However, there is a few things you should watch out for.
The post Does Hungary allow multiple citizenships? appeared first on HELPERS.
As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the Treasury, and see if everything is fine. Read on to learn how that works.
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The number of yearly tax inspections conducted by the Hungarian Tax Authority has been steadily increasing over the past few years. The most popular tax inspected continues to be VAT, since it is a major contributor to the national budget. If your company operation is compliant with regulations, you have nothing to worry about.
The post Hungarian Tax Authority conducts more tax inspections appeared first on Helpers Finance.
Is there an expiration date on your Hungarian social security card? If yes, make sure to get a new TAJ card before it expires so you remain eligible for healthcare services in Hungary.
The post Renew your expiring TAJ card – Social security in Hungary appeared first on HELPERS.
To sell your Hungarian apartment, you will need a lawyer to create the contract between you and your buyer and to submit it to the land registry. You might also be required to pay a 15% personal income tax after the deal – however, this property sale tax might be reduced to zero in various cases.
The post Property sale in Hungary: How to sell your apartment as an expat? appeared first on HELPERS.
CSOK, the Hungarian family housing allowance was created to support families in finding a home. Young married couples who pledge to have children are eligible for a non-refundable allowance and favorable interest rates for property purchase. Now it seems the conditions for eligibility will be severely reduced starting from 2024.
The post Apply for the Hungarian family housing allowance before it is reduced appeared first on Helpers Finance.