Wages and Taxes in Hungary 2024

From the 1st of December, 2023 the gross amount of the minimum wage for full-time workers in Hungary is 266 800 HUF while the minimum guaranteed salary is the following: 326 000 HUF 

	Hourly rate	Daily rate	Weekly rate	Monthly Rate
Minimum wage	1 534 Ft	12 270 Ft	61 340 Ft	266 800 Ft
Minimum guaranteed salary	1 874 Ft	14 990 Ft	74 950 Ft	326 000 Ft

Taxes paid by the employers and emloyees 

• 13 % social contribution tax paid by the employers

If your company uses pensionary or student agency services it will be dispensed from this tax.

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

• 15% income tax
• 18,5% social insurance contribution