Wages and Taxes in Hungary 2023

From the 1st of January in 2023 the gross amount of the minimum wage for full-time workers in Hungary is 232 000 HUF while the minimum guaranteed salary is the following: 296 400 HUF 

	Hourly rate	Daily rate	Weekly rate	Monthly Rate
Minimum wage	1 334 Ft	10 670 Ft	53 340 Ft	232 000 Ft
Minium guaranteed salary	1 704 Ft	13 630 Ft	68 140 Ft	296 400 Ft

Taxes paid by the employers from the gross wages in classical labour relations: 

• 13 % social contribution tax

If your company uses pensionary or student agency services it will be dispensed from the taxes mentioned above. 

Taxes paid by the employees from the gross wages in classical labour relations:

• 15% income tax
• 10% superannuation tax (pension contribution)
• 8.5% health insurance and individual labour market contribution