Are you planning to purchase real estate in Hungary? You should be aware of a cost that will not be included in the contract: property tax. This blog post explains…
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Taxes for affiliated SMEs in Hungary
Do you own, manage or do business with multiple SMEs in Hungary? They may be considered affiliated undertakings, which can affect taxation depending on the circumstances. The regulation seems complex,…
Tax refund at the customs check
Imagine that you are at Budapest Airport, waiting at the customs check and about to leave Hungary. As a non-EU resident, you are entitled to value added tax refund after…
How to suspend freelancing under KATA
Other than a popular given name among the ladies, KATA is also an important term when it comes to freelancing in Hungary: it is a special form of taxation for…
Hungarian salary calculator available – in English, online
We proudly announce that our English-language online Hungarian salary calculator is now available. Check out the Hungarian salary calculator Designed for foreign-owned companies Our clients are mostly foreigners operating a…
Minimum wage in Hungary increases
The recent changes to regulations have increased the minimum wage in Hungary by 4%. The guaranteed minimum salary, another type of minimum pay, has also grown by the same amount.…