Trademagazin > News and articles > Market News > SZÉP-card: favourable taxation will be maintained until the end of the year
SZÉP-card: favourable taxation will be maintained until the end of the year
The employer will only have to pay 15% personal income tax (Sja) by the end of the year, since no social contribution tax (Socho) will be incurable. This represents a 35% saving for the employer compared to the same net value, said Moore Hungary consulting and audit firm.
- the allowance may be transferred to the sub-account of the accommodation for a maximum of HUF 400 000 per year,
- the sum may be transferred to the sub-account of the hospitality sector up to HUF 265 000 per year,
- the allowance which may be transferred to the sub-account of leisure time shall be considered as a fringe benefit up to a maximum amount of HUF 135 000 per year.
Related news
Trenkwalder: the average hourly wage of manual workers reached 2,250 forints in the first quarter of this year
The average gross hourly wage of skilled and trained workers…
Read more >Tens of thousands of Hungarian companies need to comply with ESG standards
Under the ESG law, from 2025 not only large companies…
Read more >The global hotel industry set a historic record last year
Despite economic challenges and geopolitical uncertainty, the international hotel industry…
Read more >
More related news >
Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >