Summary
The last date until the above individuals are suggested to arrange their tax matters is the due date for the 2023 annual personal income tax return submission– 21 May 2024. We would like to highlight that the draft tax returns prepared by the tax authority will not include the foreign sourced income, therefore amendment of the draft tax return is necessary in these cases.
For people who work for a foreign employer from Hungary, getting the right information in time is key, because if they pay tax and social security in the wrong state or do not fulfill their registration obligations based on the relevant international rules, they could be fined during an official inspection.