Change In Depreciation Rules

The current value limit when a fixed asset can be expensed instantly is HUF 100,000, approx. EUR 300. Assets below this limit do not have to be depreciated over several years but can be simply posted as current expense of the company, decreasing the profit and the corporate income tax.

The value limit will double in 2019 to HUF 200,000 (EUR 600), and a lot of assets will be involved. IT equipment, mobile phones, furniture, and many other items are on this list.

Recent Posts

Payroll for Foreign-Owned Businesses in Hungary - Leinonen
July 10, 2025

A Guide to Payroll for Foreign-Owned Businesses in Hungary

Serving as a bridge between the east and west, Hungary is ideally positioned for trade across Europe. It is an EU member state already favoured…

Continue reading
Registering as a Foreign Employer in Hungary - Leinonen
May 30, 2025

Registering as a Foreign Employer in Hungary: What are the Benefits, and how can Leinonen Help?

Offering unparalleled flexibility, cost-effectiveness, and access to skilled remote workers, registering as a foreign employer in Hungary is an option worth considering for many foreign-owned…

Continue reading
business in hungary
April 22, 2025

BUSINESS IN HUNGARY

As a booming economy in the middle of Europe, and a member of the European Union, Hungary offers great opportunities for foreign companies to invest…

Continue reading