ABT blog

A

Variations of Cafeteria 2021 in Hungary

In our newsletter we will give you an overview of the current fringe benefit elements and their tax rates applicable in year 2021.

Dear Clients, Dear Readers,

In our newsletter we will give you an overview of the current fringe benefit elements and their tax rates applicable in year 2021 in accordance with the new government regulation no. 318 of 2021 (9th June 2021).

If you are also thinking about the application of SZÉP Card and you want to provide it with less administration but giving more fleixible options to the employees, we would like to call your attention to our own cafeteria software.

Please find the list of fringe benefits in year 2021.

Variations of Cafeteria 2021: Benefits for individuals in Hungary in year 2021

[1] the minimum wage is HUF 167’400 in year 2021

[2] maximum amount in 2021 is HUF 39’730/month

Variations of Cafeteria 2021 in Hungary: Fringe benefits

Variations of Cafeteria 2021 in Hungary: Beyond the certain specific and fringe benefit limits

We hope that the overview above can support you in your decisions regarding cafeteria benefits 2021. Our colleagues will be pleased to help you in interpreting the rules detailed above.

Kind regards,

ABT Treuhand Group

Date: 18. June 2021 | Topic: Business Payroll TaxationBusiness Payroll Taxation

The above summary is provided for information purposes only. We recommend that you consult our experts before making any decision based on this information.

Nexia International is a network combining the expertise and experience of nearly 320 independent tax consulting and audit firms from over 100 countries worldwide and is ranked as the 10th largest such network in the world.