Taxes

Don’t forget to donate your 1% personal income tax

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.

Don’t forget to donate your 1% personal income tax

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.

Local business tax: report HIPA for 2023 on the 23HIPAK form by 31 May

Are running a business in Hungary? Then you must pay a local business tax to the municipality where your business is registered. Even if you don’t need to pay, normally you must submit a report every year.

The post Local business tax: report HIPA for 2023 on the 23HIPAK form by 31 May appeared first on Helpers Finance.

Tax returns season coming up in Hungary

Tax returns season is starting soon in Hungary. Drafts created by the Tax Authority become available next week; the deadline for submission is 21 May 2024.

The post Tax returns season coming up in Hungary appeared first on Helpers Hungary.

Tax returns season coming up in Hungary

Tax returns season is starting soon in Hungary. Drafts created by the Tax Authority become available next week; the deadline for submission is 21 May 2024.

The post Tax returns season coming up in Hungary appeared first on HELPERS.

US-Hungarian double taxation treaty canceled – what to watch out for?

The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact.

The post US-Hungarian double taxation treaty canceled – what to watch out for? appeared first on Helpers Finance.

Disability benefit for the personal income tax in Hungary

To support people who live with severe health conditions, Hungary offers them a special type of personal income tax benefit. The disability benefit reduces the personal income tax one has to pay, increasing the net salary of employees.

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Salaries and payroll taxes in 2024, Hungary

This year, the minimum wage was increased by 15%, while the guaranteed minimum salary by 10%. No changes were made to payroll taxes in 2024, but there have been some changes to the SZÉP Card.

The post Salaries and payroll taxes in 2024, Hungary appeared first on Helpers Hungary.

Salaries and payroll taxes in 2024, Hungary

This year, the minimum wage was increased by 15%, while the guaranteed minimum salary by 10%. No changes were made to payroll taxes in 2024, but there have been some changes to the SZÉP Card.

The post Salaries and payroll taxes in 2024, Hungary appeared first on HELPERS.

2024 tax changes affecting businesses in Hungary

A new year has started, and again tax regulations are updated and clarified in Hungary. There are no major tax changes this year, but make sure to read our overview and ask your accountant if there is anything you should pay special attention to this year.

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