Taxes
Like every year, minimum wages have recently been adjusted to offset the impact of inflation. The minimum wage was increased by ca. 15%, and the guaranteed minimum salary by ca. 10%. There have been no changes to payroll taxes in 2024. At the same time, there are some new features for the SZÉP Card.
The post Salaries and payroll taxes in 2024, Hungary appeared first on Helpers Finance.
The Hungarian government has announced the minimum wage and the guaranteed minimum salary for 2024. The gross minimum wage will increase by 15%, and the guaranteed minimum salary by 10%. The increase is implemented early, as of 1 December 2023.
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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.
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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 Hungary.
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.
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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 Hungary.
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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