In recent days and weeks, the Hungarian government has announced a number of changes to the fringe benefit system. Some of the amendments to the fringe benefit rules that will come...

The need to pay salaries in foreign currency, or at least to peg wages to the euro, primarily arises for employees of Hungarian subsidiaries of foreign companies, but now also for ...

From 1 January 2022, a new tax-free benefit was added to Annex 1 of the Hungarian Act on Personal Income Tax, namely, tax-free bicycle use. Accordingly, private use of bicycles pro...

The Hungarian Minister of Finance recently announced an increase in the sales revenue limit for joining the small business tax (KIVA) system, from HUF 1 billion (roughly EUR 2.8 mi...

On 12 May the Hungarian Ministry of Finance and the National Tax and Customs Administration (NAV) published very detailed information about the evaluation of the taxation aspects r...