Summary 21 posts
The new Social Security Act shall enter into effect on 1 July 2020 in Hungary, modifying the scope of persons affected by social security, standardizing the contribution payment system, making changes in the group of persons pursuing supplementary activities, and introducing a lower limit of contribution payment as a new element.
Read moreThe extraordinary measures of today\'s decree also reduce the burden on employees and employers in the most affected sectors. A quick summary of details concerning payroll.
Read moreAs of 1 January 2020, the amount of minimum wage is HUF 161,000, and the amount of the guaranteed wage minimum is HUF 210,600 in Hungary.
Read moreAs from 1 January 2019, the amount of minimum wage is HUF 149,000, and the amount of the guaranteed wage minimum is HUF 195,000 in Hungary.
Read moreNext year, it is necessary to plan on three working days being shifted, a recently published Finance Ministry decree shows. Together with the long weekend at the beginning of the year and the extra long Christmas break, this means that a total of seven long weekends have to be reckoned on in 2019.
Read moreThe Decree of the Minister of National Economy on the work schedules around non-working days is in force from 1 January 2018 but has already been made public. The decree shows that we will have plenty of long weekends next year also but, unlike this year, a part of these will be compensated by moved working days.
Read moreIn this post, I will summarize for employers and employees the process of application for the social security identification (TAJ) number and the tax number, which are essential for the registration. The foreign employee may choose to obtain the documents himself, but will nonetheless need assistance from his employer regarding signatures and company data.
Read moreIn my current post, I present to you the most important information on the tax payment relating to the foreigners employed in Hungary.
Read moreGlobalization and the expansion of international relationships also have an impact on employment.
Read moreThe Decree of the Ministry for National Economy on the work schedule around the public holidays of 2014 was published on 30 August.
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