We have already written about most changes to taxation in Hungary 2022 – most of which are tied to the ongoing pandemic and the government’s efforts to increase the purchase…
Category: Taxes
Paying taxes as a white card holder in Hungary
The white card is a new residency option in Hungary targeting digital nomads: third country citizens employed by foreign companies who perform their job online and like always being on…
Personal income tax waived for those under 25 in Hungary
Starting from 2022, people under 25 do not pay personal income tax in Hungary. The new regulation aims at making the employment of young people more attractive to employers, while…
KATA and flat-rate taxation in Hungary in 2022
Last updated on 21 December 2021. In Hungary, many favorable taxation options are available to small companies and entrepreneurs, depending on the size and type of their business. KATA and…
Social contribution tax decrease in Hungary
Alongside the next increase to the minimum wage just announced for 2022, social contribution tax will be decreased to even out the financial burden on employers. This way minimum wage…
Minimum wage in Hungary in 2022
Last week the new minimum wages were announced. This affects not only employees earning minimum wage or receiving benefits that are calculated based on that, but also the employers who…