Changes in the reimbursement of commuting expenses
Hereby we would like to inform you that the rules related to the reimbursement of expenses for commuting to work have been modified from 28th January 2023. In the case of daily commuting to work…
Hereby we would like to inform you that the rules related to the reimbursement of expenses for commuting to work have been modified from 28th January 2023. In the case of daily commuting to work…
According to the announcement of the Hungarian Tax Authority (NAV) the amount of the health service contribution will be HUF 9600 per month and HUF 320 per day, from 1 January 2023, which is a…
A new Government Decree, published on 6th October 2022 under the number of 381/2022, includes amendments of the preferential use of the SZÉP card. Previously, it was possible to use the amounts on the SZÉP…
Our mission is to make business processes work better We provide new wave accounting, payroll and HR administration outsourcing across Europe utilizing our more than 100 years of combined professional experience, all embraced by technology.…
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…
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…
Medium and large companies usually get to a point when there is a need to outsource payroll tasks or to re-evaluate already outsourced processes. When it is justified to outsource the payroll processes to an…
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…
There are many publications explaining the advantages of payroll outsourcing that anyone can find with a well-targeted Google search, but despite that, it is still not easy to assess the risks associated with different decisions…
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…
Although the initial panic caused by the virus is starting to subside, for company leaders the hard part is yet to come. Considering the experiences of the last 2 months, the possibilities of the company,…
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…
Updated 6/19/2020: 290/2020 released on June 17th. Based on the Government Decree, the deadline for applying for subsidy for salary payments has changed. Under the regulation, the application can be submitted until 31 August 2020.…
As we wrote earlier, state subsidy may be claimed if a company reduces the working hours and this measurement is closely and directly related to the emergency. Even after the interpretation of the government decree…
The GGI (Geneva Group International) Labour & Employment Law Practice Group is proud to present their first Special Edition on the “Impact of COVID-19 on Labour & Employment Law”, providing you with key information from 9 different…
Business Process Outsourcing (BPO) raises many questions both on the pro and the con’ side. The situation is the same as payroll outsourcing. Either we are talking about changing payroll service providers or outsource the…