At the end of November 2022, an interest rate cap was introduced on Hungarian deposits above HUF 20 million in order to redirect investment toward government bonds. This is one…
Category: Accountancy
Taxes in Hungary 2023
As the end of the year is creeping closer, it is worth starting to prepare for the new year. January is traditionally the season for the introduction of new tax…
5 things to watch out for as a freelancer under flat-rate taxation
Are you a freelancer who pays taxes under flat-rate taxation in Hungary? Whether you are a KATA orphan or have just started your business, there are a bunch of rules…
Taking dividends in Hungary – what to watch out for
As the owner of a Hungarian company, you can use the profit of your company for yourself by taking dividends. Before you can do that, your company will always need…
New flat-rate taxpayers: form 2258 is now available online
KATA orphans and other new freelancers: this is your reminder that you are supposed to make a monthly declaration of your taxable income until the 12th of each month in…
Pay your taxes in foreign currencies from 2023
New opportunity to save on taxes in Hungary: If your Hungarian company does most of its business in foreign currencies, you can avoid exchange fees by paying your taxes directly…