Like every year, minimum wages have recently been adjusted to offset the impact of inflation. The minimum wage was increased by ca. 15%, and the guaranteed minimum salary by ca.…
Category: Accountancy
Minimum wage in Hungary in 2024
The Hungarian government has announced the minimum wage and the guaranteed minimum salary for 2024. The gross minimum wage will increase by 15%, and the guaranteed minimum salary by 10%.…
Preferred shares at your Hungarian company
The application of preferred shares at a Hungarian company can obscure the ultimate beneficial owner of the business. This can protect their privacy, but it decreases transparency and might attract…
Toll stickers for your Hungarian company car
In Hungary, most highways are toll roads, meaning you need to pay a toll while driving them. That is done easiest by buying a toll sticker for the vehicle, which…
Wine products no longer subject to representation tax in Hungary
Starting from the middle of November 2023, wine products sold by vineyards will be exempt from representation tax in Hungary. The decision is expected to give a boost to the…
Hungarian pension tax records accessible online
As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the…