The 'late' autumn tax package is in front of Parliament
InsightsNewslettersPrevious tax newslettersTax Newsletters 2021
Late autumn tax package is in front of Parliament
Dr. Zsolt Semjén Deputy Prime Minister submitted several draft bills affecting tax laws to the Parliament on 23 November 2021. We summarized the most important points of the draft bills in our newsletter.
As of 1 January 2022, the minimum wage will be increased to HUF 200,000 and the guaranteed wage minimum to HUF 260,000. A 2.5% percentage points decrease in the social contribution and the elimination of the 1.5% vocational training contribution as of January 1, would support raising funds for the increased wages from next year. This would result the reduction of the employer’s burdens from the current 17% to 13%.
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