Last week the 2024 changes to taxes in Hungary were announced. While the package has a number of tax increases to counter inflation, most taxes directly relevant to doing business,…
Tag: Local Business Tax
Report HIPA (local business tax) for 2022 on the 22HIPAK form by 31 May
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,…
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…
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…
Local business tax deadlines for new businesses
Are you new to business? Or maybe just to flat-rate taxation? Either way, you might wonder how and when you are supposed to first pay the local business tax, since…
Changes to flat-rate taxation in 2023
The new year always brings updates to tax regulations. Changes to flat-rate taxation were introduced too, partly in line with the increase to the minimum wage, partly as independent measures…