If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP access, this will take only a few minutes, as the whole procedure is online. The post Tax returns in Hungary in 2025 appeared first on Helpers Finance.| Helpers Finance
In Hungary it makes more sense to talk about revenue caps for preferential tax regimes than about tax brackets. See what that means for your business.| Helpers Finance
As of January 1, 2025, the revenue cap for VAT exemption is increased to HUF 18 million in Hungary. Learn how this affects your business operation.| Helpers Finance
The Hungarian minimum wage and guaranteed minimum salary are increased again as of 1 January 2025. Learn how it affects your Hungarian business.| Helpers Finance
Fall and the new school year is on us. This is the season for new rentals and rental renewals, so we prepared a quick summary about rentals, taxes, and VAT on rentals in Hungary. Taxes depend on who is renting out the property As a rule of thumb, the taxes you pay depend on the … The post VAT and other taxes on rentals in Hungary appeared first on Helpers Finance.| Helpers Finance
ONYA is the online portal for reporting your Hungarian income and other information relevant to your taxes. While it is available only in Hungarian, it might make your life easier if you are trying to navigate Hungarian taxation on your own. The post ONYA user guide – how can ONYA help with your taxes in Hungary? appeared first on Helpers Finance.| Helpers Finance
Are running a business in Hungary? Then you must pay a local business tax to the municipality where your business is registered. Even if you don’t need to pay, normally you must submit a report every year. The post Local business tax: report HIPA for 2023 on the 23HIPAK form by 31 May appeared first on Helpers Finance.| Helpers Finance
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. 10%. There have been no changes to payroll taxes in 2024. At the same time, there are some new features for the SZÉP Card. The post Salaries and payroll taxes in 2024, Hungary appeared first on Helpers Finance.| Helpers Finance
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%. The increase is implemented early, as of 1 December 2023. The post Minimum wage in Hungary in 2024 appeared first on Helpers Finance.| Helpers Finance
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, you must submit a report every year. Read on to learn how to report HIPA – and why it makes sense to have an accountant take care of it. The post Report HIPA (local business tax) for 2022 on the 22HIPAK form by 31 May appeared first on Helpers Finance.| Helpers Finance
Starting from this year, flat-rate taxpayers must report their income and pay their taxes not monthly but quarterly. This is done easiest through ONYA, the online reporting platform of the Hungarian Tax Authority. The relevant form 2358 has just received an update to become more user-friendly. The post Revamped form 2358 makes reporting easier for flat-rate taxpayers appeared first on Helpers Finance.| Helpers Finance
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 it is normally calculated based on the tax of the previous year – and you might not have a previous year. The post Local business tax deadlines for new businesses appeared first on Helpers Finance.| Helpers Finance
Are you a freelancer who pays taxes under flat-rate taxation in Hungary? Whether you are a KATA orphan or have just started your business, there are a bunch of rules you need to learn about deadlines, limits, and tax exemption. Read on to get an overview of the 5 most important things you must keep … The post 5 things to watch out for as a freelancer under flat-rate taxation appeared first on Helpers Finance.| Helpers Finance
If KATA orphans want to continue doing business from September in Hungary, flat-rate taxation may be the most cost-effective options for the self-employed.| Helpers Finance
The Hungarian vehicle tax is paid in two instalments every year, by 15 March and 15 September. Because of the holiday, the next deadline is 16 March.| Helpers Finance
EFER is a tool with which you can pay your Hungarian taxes online by card, accessible through various government portals. Learn how you can use it.| Helpers Finance
The 2023 changes to flat-rate taxation are partly due to the increase to the minimum wage, and partly independent measures to make it more favorable.| Helpers Finance
The Hungarian minimum wage has just been increased with ca. 15% for 2023, which will affect not only payroll costs, but also various other tax items.| Helpers Finance