Hungary Income Tax Rates and Personal Allowances in 2020

Income Tax in Hungary in 2020

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 2020.

Tax Changes from 2019 to 2020

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.

Hungary Residents Income Tax Tables in 2020: Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
15%Flat rate on all taxable income
Hungary Non-Residents Income Tax Tables in 2020: Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
15%Flat rate on all taxable income

Hungary provides an tax allowance of HUF 66,670.00 per child in 2020.

Social Security in Hungary in 2020

Hungary Employee Social Security Rates and Thresholds in 2020
RateThresholdTaxable Income Threshold
7%All IncomeHealthcare Insurance
10%All IncomePension Contributions
1.5%All IncomeLabour Market Contributions
Hungary Employer Social Security Rates and Thresholds in 2020
17.5%All IncomeSocial Security Contributions
1.5%All IncomeEducation Contribution

Useful calculators and information

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.