1. Fringe benefits
In 2017 After fringe benefits still 15% personal income tax and 14% health care contribution has to be paid. The base of the tax is the 1,18 times the value of the allowance. So the total tax is 34,22 % (in 2016 it was 34,51 %), but the range of the benefits will narrow.
The recreation allowances recorded in personal income tax law (SzéP), can be given up to 450 000 HUF together with favorable taxation in private sector.
- Széchenyi Resting Card can be given with previous known subaccount and unchanged limits:
- for accommodation subaccount 225 000 HUF / year,
- for hospitality subaccount maximum 150 000 HUF / year,
- for leisure subaccount 75 000 HUF / year can be filled with favorable taxation.
- The employer also can pay 100 000 HUF / year with favorable taxation, this is also a fringe benefit. If the employment is not for the whole year, the benefit can be given pro rata.
|
2016 |
2017 |
common charge change |
|
|
Széchenyi Resting Card |
yearly limit: 225 000 HUF |
yearly limit: 225 000 HUF |
– 653 HUF |
|
Széchenyi Resting Card |
yearly limit: 150 000 HUF |
yearly limit: 150 000 HUF |
– 435 HUF |
|
Széchenyi Resting Card |
yearly limit: 75 000 HUF |
yearly limit: 75 000 HUF |
– 218 HUF |
|
new item compard to 2016: |
– |
yearly limit: 100 000 HUF |
Significant change that in case of allocation of amount over the favorable limit, which tax in the manner of some defined allowances (see 2. chapter), common charges have been significantly changed with the decrease of the measure of health care contribution.
( The common charges at 100 000 HUF allocation)
|
2016 |
2017 |
common charge change |
|
|
Széchenyi Resting Card |
100 000 HUF |
100 000 HUF |
– 6.320 Ft |
|
new item compard to 2016: |
tax and contribution adequate to legal relation |
2. Some defined allowances
In case of some defined allowances 15% personal income tax and 22% health care contribution has to be paid. The base of the tax is the 1,18 times the value of the allowance. So the total tax is 43,66 % in 2017. The conditions are the same as previous years, but there is no upper limit for total value, the employee can get it indefinetly.
|
2016 |
2017 |
|
|
Gift voucher |
at the most 3 times /year, not more than 10% of minimum wage (11.000 HUF) |
at the most 3 times /year, not more than 10% of minimum wage (12.750 HUF) |
The taxation of allowances below got more unfavourable compared to previous year, but the upper limit ceased. The below cafeteria items can be chosen with the same taxation as SzéP card over the limit amount:
|
2016 |
2017 |
|
|
Company catering |
12.500 HUF/month |
without upper limit amount |
|
Erzsébet voucher |
8.000 HUF/month tax: 34,51 % |
without upper limit amount |
|
Season ticket (with invoice to employer) |
price of season ticket |
without upper limit amount |
|
School starting voucher |
30% of minimum wage / gyermekenként |
without felső összeghatár nélkül |
|
Önkéntes nyugdíjpénztári hozzájárulás |
minimálbér 50 %-a havonta |
felső összeghatár nélkül |
|
Önkéntes egészségpénztári hozzájárulás |
minimálbér 30 %-a havonta |
felső összeghatár nélkül |