The Income tax rates and personal allowances in Hungary are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Hungary Tax Calculator 2023.
Personal income tax was altered to a flat 15% of taxable income in 2020, the Hungary Income Tax Calculator has been updated to include the new rates and figures.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 15% | Flat rate on all taxable income | ||
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 15% | Flat rate on all taxable income | ||
Hungary provides an tax allowance of HUF 66,670.00 per child in 2023.
| Rate | Threshold | Taxable Income Threshold |
|---|---|---|
| 7% | All Income | Healthcare Insurance |
| 10% | All Income | Pension Contributions |
| 1.5% | All Income | Labour Market Contributions |
| 18.5% | All Income | Social Security Contributions |
| 0% | All Income | Education Contribution |
Choose a specific income tax year to see the Hungary income tax rates and personal allowances used in the associated income tax calculator for the same tax year.