If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP…
Tag: Flat-rate Taxation
Tax brackets in Hungary
Hungary does not have a progressive tax system, so it doesn’t really have tax brackets. However, it offers various tax benefits and preferential tax regimes that are available under certain…
Revenue cap increased for VAT free business operation in Hungary
As of January 1, 2025, the revenue cap for VAT exemption is increased to HUF 18 million in Hungary. This is great news to small businesses, since price increases of…
Minimum wage in Hungary in 2025
In Hungary, the minimum wage is increased every year so it can remain a living wage against inflation. In line with this, the minimum wage is increased again as of…
VAT and other taxes on rentals in Hungary
Fall and the new school year is on us. This is the season for new rentals and rental renewals, so we prepared a quick summary about rentals, taxes, and VAT…
ONYA user guide – how can ONYA help with your taxes in Hungary?
ONYA is the online portal for reporting your Hungarian income and other information relevant to your taxes. While it is available only in Hungarian, it might make your life easier…