Imporant payroll related changes 2022 – Hungary
Minimum wage As of 1st January 2022, the minimum wage will be gross HUF 200 000, the guaranteed minimum wage will be gross HUF 260 000 for full-time employees, to be applied for the first…
Minimum wage As of 1st January 2022, the minimum wage will be gross HUF 200 000, the guaranteed minimum wage will be gross HUF 260 000 for full-time employees, to be applied for the first…
According to Government order nr. 318/2021. (VI. 9.) published in the Hungarian Gazette (number 107.) and came into force on the 9th of July, the taxation of the SZÉP Card will stay favourable. The…
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To welcome the New Year, here we come with the Hungarian changes in Payroll regulations of the year 2021. Minimum Wage in Hungary 2021 Currently, the amount of the minimum wage from 01 January 2021…
Thanks to the improvement of digital technology, working from home is a great and frequent solution to handle emergency cases caused by COVID-19. To make employer’s reactions faster in this emergency pandemic situation, some legislation…
There is some good news for the companies: the taxation of the SZÉP (Széchenyi recreation) Card benefits provided by the employer will remain favorable until the first half of 2021. In Nr. 231 of Hungarian…
To make it clear for the Employer and Employees in Hungary how to handle the deductions from the salary correctly, we would like to call your attention to another type of limit which has to…
The new Social Security Law in Hungary As the new Hungarian Social Security Law says – came into force from 1st of July - there are some significant changes in contributions, paid after part-time employees.…
According to the Law on Health Insurance Benefits[1] incapacity for work shall mean when a worker is prohibited from performing his/her job in the interest of public health and no other position is offered, or…
Due to the COVID-19 pandemic since March not only home office options have been reinterpreted, but also employee benefits and employer liabilities. Many companies got into a difficult financial situation, to which the government provided…
The availability of the job-creating wage subsidy that can be applied for from 18th May 2020 has been limited from the 16th of July, 2020. From this date, it is no longer enough for the…
The new Social Security Act, which became effective on the 1st of July 2020, standardized the previous regulations; besides the introduction of a consolidated social security contribution of 18.5%, there is also a significant change…
From 18th of May 2020 employers can apply for a nonrefundable job-creating salary subsidy, provided that they employ a jobseeker registered at the Labour authority. The wage subsidy for reduced working hours, which can be…
Tax burden on SZÉP (Széchenyi recreation) card benefits changes until the 31st of December 2020 according to the Hungarian Government decree nr. 225/ 2020. (V.22) published in Nr. 118 of the Hungarian Gazette. No social…
Government decree 140/2020. (IV.21) (issued in the 82nd National Gazette) contains significant changes regarding employees on unpaid leave due to the emergency caused by the COVID-19 virus. The amendments affect the obligation of both the…