Taxes

Child benefits for foreign workers in Hungary

Foreign employees living in Hungary based on a work permit are eligible for the same tax benefits as Hungarian citizens. This applies to child benefits too, which might be relevant if the family of an employee is also in Hungary on residency for family unification.

The post Child benefits for foreign workers in Hungary appeared first on Hungarian Work Permit.

Flat-rate taxation costs: a comprehensive guide for freelancers in Hungary

Flat-rate taxation (or “átalányadó”) is currently the most popular tax regime among freelancers with a relatively low annual revenue. It is not as straightforward as KATA, but it is still simple and low cost compared to other tax regimes.

The post Flat-rate taxation costs: a comprehensive guide for freelancers in Hungary appeared first on HELPERS.

Pay your Hungarian taxes online through EFER

EFER is a tool with which you can pay your Hungarian taxes online by card. It is constantly under development, so you can already pay most taxes through it relevant to natural persons and freelancers, while companies still need to wait for their turn. Read on to learn how the system works.

The post Pay your Hungarian taxes online through EFER appeared first on Helpers Finance.

Why it is worth employing students at your Hungarian company

Is your Hungarian company in need of some extra work force? Do you have recurring or seasonal tasks that would not warrant for a full-time employee? Consider employing students as a flexible and cost-effective solution.

The post Why it is worth employing students at your Hungarian company appeared first on Company Formation.

2023 tax changes in Hungary

Are you an expat living, working, or doing business in Hungary? Then it is best if you keep an eye on changes to regulations in case any of them are relevant to you.

The post 2023 tax changes in Hungary appeared first on HELPERS.

Changes to flat-rate taxation in 2023

The new year always brings updates to tax regulations. Changes to flat-rate taxation were introduced too, partly in line with the increase to the minimum wage, partly as independent measures to make this tax regime more favorable.

The post Changes to flat-rate taxation in 2023 appeared first on Helpers Finance.

Salaries and payroll taxes in 2023, Hungary

With the ca. 15% increase to minimum wages in Hungary, you must make sure that the salaries you pay your employees are still above the required minimum, and adjust salaries and labor contracts as necessary.

The post Salaries and payroll taxes in 2023, Hungary appeared first on HELPERS.

Minimum wage in Hungary in 2023

The Hungarian minimum wage has just been increased with ca. 15% for 2023, which will affect not only payroll costs, but also various other tax items tied to the minimum wage. Read on to find out which of these will matter for your Hungarian business. Minimum wage and guaranteed minimum salary In Hungary, there are …

The post Minimum wage in Hungary in 2023 appeared first on Helpers Finance.

Global minimum tax will not affect Hungarian SMEs

Hungary has finally agreed to the introduction of the global minimum tax in the EU. This will make major corporations with a worldwide yearly income over EUR 750 million pay corporate tax at 15%. While the Hungarian standard corporate tax can remain 9%, the implementation of the global minimum tax will affect all the relevant …

The post Global minimum tax will not affect Hungarian SMEs appeared first on Helpers Finance.

Taxes in Hungary 2023

As the end of the year is creeping closer, it is worth starting to prepare for the new year. January is traditionally the season for the introduction of new tax regulations. Read on to find out about the expected changes to taxes in Hungary in 2023. Flat-rate taxation Starting from next year, the conditions for …

The post <strong>Taxes in Hungary 2023</strong> appeared first on Helpers Finance.