NACE, or TEÁOR in Hungarian, is a classification of economic activities that is used in Europe to make statistics about what businesses do and where their income is from. The…
Category: Accountancy
Minimum wage in Hungary in 2025
In Hungary, the minimum wage is increased every year so it can remain a living wage against inflation. In line with this, the minimum wage is increased again as of…
Tax changes relevant to your Hungarian company in 2025
The Hungarian Parliament has recently accepted the law governing taxes in Hungary in 2025. In our second article on changes being introduced next year, you can discover the 2025 tax…
HR and payroll related changes in Hungary in 2025
The new laws governing taxes in Hungary in 2025 has just been published. In our first article on this topic, you can discover the 2025 changes most relevant to HR…
Paid time off or PTO in Hungary
Paid time off or PTO is an integral part of labor law in Hungary. Workers need time off to rest, to heal, or to take care of emergencies without compromising…
Working Saturdays in Hungary in 2024
Because of the Christmas holidays, two working Saturdays are coming up in December. It is not too early to start planning: make sure you have a plan for opening and…