When you make your first hire at your Hungarian company, you will need an employment contract to formalize the agreement between you and your employee. Here you can find a…
Tag: Minimum Wage
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…
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…
HR and payroll related changes in Hungary in 2025
The new laws governing taxes in Hungary in 2025 has just been published. In our first article on this topic, you can discover the 2025 changes most relevant to HR…
Hungarian government budget for 2025 presented
The Hungarian government budget for 2025 was presented to the Parliament on 11 November, and is expected to be finalized by 20 December. It contains not only the amounts to…
Salaries and payroll taxes in 2024, Hungary
Like every year, minimum wages have recently been adjusted to offset the impact of inflation. The minimum wage was increased by ca. 15%, and the guaranteed minimum salary by ca.…