CSOK Plus, the 2024 edition of the Hungarian family housing allowance and prenatal loan program is giving a new boost to the local real estate market. Read on for a…
Tag: Tax Benefits
Disability benefit for the personal income tax in Hungary
To support people who live with severe health conditions, Hungary offers them a special type of personal income tax benefit. The disability benefit reduces the personal income tax one has…
2024 tax changes affecting businesses in Hungary
A new year has started, and again tax regulations are updated and clarified in Hungary. There are no major tax changes this year, but make sure to read our overview…
Changes to taxes in 2024 in Hungary relevant for HR
While major taxes do not change very often in Hungary, the system is tweaked every year. Read on to learn about changes to taxes most relevant to employees and HR,…
Tax benefits in Hungary
While personal income tax in Hungary is 15% for everyone, various tax benefits may be applied to that based on age, marital status, and other circumstances. Get an overview of…
Pay your taxes in foreign currencies from 2023
New opportunity to save on taxes in Hungary: If your Hungarian company does most of its business in foreign currencies, you can avoid exchange fees by paying your taxes directly…