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Category: Accountancy

08Apr '21
How and when to register a Hungarian VAT number
By Helpers Financein Accountancy, Business, Taxation

How and when to register a Hungarian VAT number

To do business in Hungary, you will most likely need a Hungarian VAT number. This number is used for invoicing and taxation purposes: to put it simply, it is what…

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29Mar '21
KIVA: a small tax for small businesses in Hungary
By Dániel Kunin Accountancy, Business, Payroll, Taxation

KIVA: a small tax for small businesses in Hungary

KIVA is a tax for small businesses in Hungary. As opposed to running an LLC and paying the “regular” taxes (9% corporate tax and various other taxes, especially on payroll),…

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22Feb '21
How to suspend freelancing under KATA
By Dániel Kunin Accountancy

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…

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15Feb '21
Minimum wage in Hungary increases
By Dániel Kunin Accountancy, Payroll

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.…

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03Jul '20
Changes to payroll taxes as of 1 July 2020
By Darinka Egriin Accountancy, HR

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. Reduced social…

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24Jun '20
Changes to invoicing obligations in Hungary from 1 July 2020
By Tímea Kocsisin Accountancy, Technologies

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…

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Helpers Finance
Helpers Finance offers accounting and financial services to international SMEs in Hungary.
Recent posts
Why your tax residency may differ from your address
Why your tax residency may differ…
April 19, 2021 by Helpers Finance
Personal income tax donation: redirect 1% of your PIT to an NGO
Personal income tax donation: redirect 1%…
April 12, 2021 by Dániel Kun
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