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Tag: Minimum Wage

11Dec '23
Minimum wage in Hungary in 2024
By Helpers Financein Accountancy, Business, HR, Taxes

Minimum wage in Hungary in 2024

The Hungarian government has announced the minimum wage and the guaranteed minimum salary for 2024. The gross minimum wage will increase by 15%, and the guaranteed minimum salary by 10%.…

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13Jun '23
2024 changes to taxes in Hungary
By Helpers Financein Accountancy, Taxes

2024 changes to taxes in Hungary

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,…

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02Jan '23
Minimum wage in Hungary in 2023
By Helpers Financein Accountancy, Business, Taxes

Minimum wage in Hungary in 2023

Last updated on 11 October 2023. The Hungarian minimum wage has just been increased with ca. 15% for 2023, which will affect not only payroll costs, but also various other…

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28Nov '22
Taxes in Hungary 2023
By Helpers Financein Accountancy, Taxes, VAT

Taxes in Hungary 2023

As the end of the year is creeping closer, it is worth starting to prepare for the new year. January is traditionally the season for the introduction of new tax…

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22Aug '22
EKHO, the simplified tax for creative professions
By Helpers Financein Accountancy, Social Security, Taxes

EKHO, the simplified tax for creative professions

EKHO is short for Simplified Tax and Contribution (“Egyszerűsített Közteherviselési Hozzájárulás”) in Hungary. It is a favorable tax regime aimed at creators in various fields intended to promote Hungarian culture.…

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17Aug '22
KATA alternatives for limited partnerships: TAO, KIVA, EKHO
By Helpers Financein Accountancy, Business, Calculator, Taxes

KATA alternatives for limited partnerships: TAO, KIVA, EKHO

While flat-rate taxation is a cost-effective alternative for self-employed KATA orphans from September, it is not available for limited partnerships. Instead, they may consider whether TAO, KIVA and/or EKHO are…

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Helpers Finance
Helpers Finance offers accounting and financial services to international SMEs in Hungary.
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