Alongside the next increase to the minimum wage just announced for 2022, social contribution tax will be decreased to even out the financial burden on employers. This way minimum wage…
Tag: Payroll Taxes
Minimum wage in Hungary in 2022
Last week the new minimum wages were announced. This affects not only employees earning minimum wage or receiving benefits that are calculated based on that, but also the employers who…
Personal income tax refund for families in 2022
The personal income tax refund for families, first floated in June, has recently been finalized. Anyone raising children in Hungary can expect a refund on their personal income tax paid…
How will your taxes in Hungary change from 2022?
The parliament has recently approved tax cuts in Hungary from 2022. This week, we take a look at the update to regulations, explaining how it will affect your business in…
How does the SZÉP card work in times of Covid?
the government recently had to adjust the corresponding rules due to the economic impact of Covid. But what are these changes are and how long will they be in place?
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.…