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Category: Accountancy

06May '24
Local business tax: report HIPA for 2023 on the 23HIPAK form by 31 May
By Helpers Financein Accountancy, Taxes

Local business tax: report HIPA for 2023 on the 23HIPAK form by 31 May

Are running a business in Hungary? Then you must pay a local business tax to the municipality where your business is registered. Even if you don’t need to pay, normally…

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22Apr '24
Wage supplements and overtime in Hungary
By Helpers Financein Accountancy, Calculator, HR

Wage supplements and overtime in Hungary

When you operate a Hungarian company, planning your budget should include planning for payroll costs. Depending on your business model, you might need to apply wage supplements from time to…

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27Feb '24
Exemption form work in Hungary
By Helpers Financein Accountancy, HR

Exemption form work in Hungary

Labor law in Hungary is quite strict about how much time employees must be allowed to rest. They have at least 20 days of paid leave each year, and the…

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15Feb '24
US-Hungarian double taxation treaty canceled – what to watch out for?
By Helpers Financein Accountancy, Taxes

US-Hungarian double taxation treaty canceled – what to watch out for?

The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact.

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23Jan '24
Disability benefit for the personal income tax in Hungary
By Helpers Financein Accountancy, HR, Taxes

Disability benefit for the personal income tax in Hungary

To support people who live with severe health conditions, Hungary offers them a special type of personal income tax benefit. The disability benefit reduces the personal income tax one has…

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15Jan '24
2024 tax changes affecting businesses in Hungary
By Helpers Financein Accountancy, Business, Taxes, VAT

2024 tax changes affecting businesses in Hungary

A new year has started, and again tax regulations are updated and clarified in Hungary. There are no major tax changes this year, but make sure to read our overview…

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Helpers Finance
Helpers Finance offers accounting and financial services to international SMEs in Hungary.
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