Summary 18 posts
Repetitive tasks involved in monthly payroll processing are among the areas where digitisation is critical as it reduces errors and makes it easier to ensure legal compliance and precise timing. Both smaller and larger companies face ever-increasing requirements, and outsourced payroll can boost technology adoption or remotely perform the tasks associated with being a social security disbursement agency.
Read moreEmployer and employees will have to take two moved working days into account next year. The first long weekend will fall on 15 March in 2022 and we can plan with a total of five long weekends and three four-day weekend rest periods.
Read moreThis year brought a change in the area of labour inspections also. The role of labour authorities was taken over by employment supervision authorities from the beginning of March 2021 and, as a result, labour inspections were replaced by employment supervision audits. Instead of the former labour inspections, employers can now expect employment supervision audits.
Read moreAs from 1 February 2021, the amount of minimum wage is HUF 167,400 and the amount of the guaranteed wage minimum is HUF 219,000 in Hungary.
Read moreEvery year begins with routine checks and an overview of changes, and the area of payroll is no exception. In January 2021, Hungarian companies and employers need to be aware of changes in payroll-related regulations, including personal income tax, social contribution tax and sick pay.
Read moreNext year, employers and employees we will only have to plan with one moved working day. The first long weekend of 2021 will fall on the start of the year, 5 rest days will be on weekends and, in addition, we will have six long weekends and a 4-day weekend in the coming year.
Read moreThe 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.
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