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…
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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.…
Changes to payroll taxes as of 1 July 2020
There have already been several tax related changes this year, and now here are the most relevant changes for employers and employees taking effect on 1 July 2020. Interested in…
Changes to invoicing obligations in Hungary from 1 July 2020
As of 1 July 2020, the obligations related to invoices issued by your Hungarian company will change in order to make the economy more transparent. Certain invoices must be reported…