Accounting, Payroll, Tax & Legal since 1989

Tax Cuts On Payroll 2022

Another significant tax cut took effect in Hungary from January 2022.


Employers' wage costs continue to fall.

  • The rate of social contribution tax is 13% instead of 15.5%.
  • The 1.5% vocational training contribution paid by domestic companies has been abolished.
  • Those who pay the Small Business Tax (KIVA) instead of the above have reduced their burden from 11% to 10%.

The burden of wages has fallen dramatically in recent years, leaving room for improved employment and rising wages.

If you need further information, feel free to contact us.
19.01.22


Author:   

Ákos Eőry

Ákos Eőry

Managing Director

Mobile: +36 70 621 7595

Skype:eoryakos
Email: akos.eory(at)leinonen.hu

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