Last week the Hungarian National Bank (MNB) held a press conference about economic expectations in Q1 2023 and the measures it is taking to counter inflation and moderate foreign exchange…
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Inflation in Hungary – what to expect in 2023
Are you running a business in Hungary? Get familiar with the latest statistics and projections regarding GDP and inflation in Hungary in 2022 and 2023 based on the latest data.
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…
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…
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…
Global minimum tax will not affect small businesses in Hungary
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…