Family tax allowance for foreign individuals

The Hungarian labour market is increasingly characterised by an influx of foreign workers, which intensified after the outbreak of the Russian-Ukrainian war. However, there are often tax issues for foreign workers, such as what tax benefits they are entitled to.

The issue of entitlement to family allowances is discussed below.

TAX ALLOWANCES

Numerous subsidies and tax allowance forms partially backed with European Union aid resources are still available in Hungary. For investment projects; however, we also highly support to always consider the taxation impacts carefully and not to forget about the potential related tax allowances – for which LeitnerLeitnter offers its professional assistance for tax optimization and allowance claims.

How to get ready for applying corporate R&D benefits?

Although, there are numerous tax allowances and subvention to tenders available for research and development activities in our country; due to complex legislation and strict audits and sanctions, fewer corporations take advantage of the allowance than they could. However, the related allowances might be applied without any risks by involving an expert of this taxation area with regular procedures.