Skip to content
OrbitaxOrbitax

Hungary Providing 4-Month Worker Contribution Exemption for COVID-19

|Approved Changes|Hungary
Hungary

The Hungarian Ministry of Finance has issued a release announcing an exemption of businesses in a difficult situation due to COVID-19 from the payment of contributions on their workers' wages for four months. For sectors in need of immediate assistance, employers are exempt from the payment of contributions on wages for the months of March, April, May, and June, including the 17.5% social contribution tax and the 1.5% vocational contribution. Employees, meanwhile, are only required to pay th…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.