Whats the personal income tax rate?

[Ozzi_Jarvinen]

Is it progressive? And hows the social security payments?

[Barbara_Kovarik]

More than the avarage in the rest of europe, with an 27% VAT

[Daniel_Molnar]

Income tax is fix 16% but you have to pay other contributions, at the end of it you get 68% of your gross wage.

[B_T1]

Income tax has been lowered to 15% since this year.

[BudapestInvest.net]

Income tax rate is flat at 15%. There is also 14% health controbution, capped at HUF 450,000.

Income for property rental is usually subject to the above BUT for short term rental you have the option to pay instead a yearly flat tax of HUF 38,000 per guest room.

Also, health insurance should not apply if you are not resident in Hungary.

http://www.budapestinvest.net/budapest-property-taxes/