The discounted taxation of the SZÉP card will remain this year
The tax advantage of the SZÉP card has been undisputed so far, and according to the published government decree, the social contribution tax on the cafeteria element will be waived by the government not until 30 June 2020, but until 31 December. This will reduce the total tax burden on the card from 32.5 percent to 15 percent by the end of the year. So this year, employers will no longer have to pay social contribution tax (szocho) on fringe benefits transferred to the SZÉP card. (privatbankar.hu, Vég Márton)
Related news
All three SZÉP cards are accepted at all NÖF heritage sites
At all historical sites operated by the National Heritage Development…
Read more >NGM: SZÉP card holders spent 44 billion forints in June
The SZÉP card, following the record year of 2024, is…
Read more >NGM: the SZÉP card remains the driving force of domestic tourism
The SZÉP card continues to be the driving force of…
Read more >Related news
Primark: interest remains high, but no decision on new store openings
Primark opened its first store in Hungary last May to…
Read more >Siófok, Budapest and Eger remain popular among Hungarian guests even in the summer
Siófok remains the most attractive summer destination among Hungarians, according…
Read more >Hungarian girl becomes the festival’s 11 millionth visitor
A Hungarian girl living in Oman became the 11 millionth…
Read more >