Imagine that you are at Budapest Airport, waiting at the customs check and about to leave Hungary. As a non-EU resident, you are entitled to value added tax refund after…
Category: Taxes
Minimum wage in Hungary increases
The recent changes to regulations have increased the minimum wage in Hungary by 4%. The guaranteed minimum salary, another type of minimum pay, has also grown by the same amount.…
Pandemic relief: state aid, modified payroll taxes and unpaid leave rules
While decreasing business volumes caused by the pandemic place an unexpected burden of both employers and employees, various benefits and tax reductions help business owners in Hungary to retain work…
KIVA, the small business tax in Hungary
KIVA, or the small business tax benefits companies in the service industry in Hungary. It is best for companies selling their expertise instead of goods.
Family allowance in Hungary
Family allowance is one of the best-known child benefits in Hungary, a general financial support paid directly by the state to all families bringing up children.
Taxing distance selling in the EU
What is distance selling? How is distance selling taxed in the EU? When exactly do I have to register for VAT in the other EU member state? Learn more