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Our infographic 10 Facts about taxation in Hungary sums up the most important information each entrepreneur should know about the Hungarian tax system in 2024. Below you can find the highlights of our latest 2024 Tax guideline, prepared by our tax advisory team.
Note: There is no withholding tax on royalty, interest, dividends, unless the recipient is CFC
0% for daily papers (issued at least 4 times a week) from 2024.
5% for selected type of milk, poultry meat, fish fillets and other fish meat, fresh eggs, medicine, books, magazines, specific large live animals, district heating services, instrumental live music performed by artists at private events, commercial accommodation services, restaurants and internet.
18% for selected types of goods and services: dairy products, products made from milk, corn, starch and
open-air events’ service providers.
18.5%
Depending on the local government’s decision, land tax could be calculated in two ways:
Max. HUF 200 / m2 per annum – The maximum amount increases yearly based on the consumer price index changes.
Max. 3% – Calculated from the adjusted market value
Max. HUF 1,100 / m2 per annum – The maximum amount increases yearly based on the consumer price index changes.
Max. 3.6% – Calculated from the adjusted market value
About Accace
Accace is a proactive consultancy and outsourcing partner who bridges the gap between needs and solutions. Combining smart and streamlined technology with a holistic approach, we provide an all-round care to clients and consider their matters as our own. With over 800 experts and more than 2,000 customers, we have vast experience with facilitating the smooth operation and growth of small to large-scale, global businesses.
About Accace Circle
Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience and erase the borders of service delivery. Covering over 50 jurisdictions with nearly 2,500 professionals, we support more than 15,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 200,000 pay slips globally.
