If you are running a business in Hungary, you must pay a local business tax to the municipality where your business is registered. Even if you don’t need to pay,…
Category: Accountancy
It is now possible to pay your local business tax by card in Budapest
If you are running a business in Hungary, you are also paying a local business tax to your local municipality. The next important deadline is 31 May, and if your…
Tax returns in Hungary in 2023
Tax returns season has come in Hungary. If you are a tax resident, you will need to file your personal income tax report by 22 May. These days it is…
Inflation decreasing, core inflation increasing in Hungary in Q1 2023
March inflation data has just been published, and they allow some insight into the latest developments in Hungarian economy. Get a quick overview here.
Revamped form 2358 makes reporting easier for flat-rate taxpayers
Starting from this year, flat-rate taxpayers must report their income and pay their taxes not monthly but quarterly. This is done easiest through ONYA, the online reporting platform of the…
The essentials of corporate tax in Hungary
Are you planning to set up a Hungarian company? Then learn the basics of Hungarian taxation. Corporate tax will probably be a major part of the taxes to pay, even…