With the goal of combating rising unemployment, the Hungarian Parliament has decided to decrease the levies payable by employers as a part of the comprehensive tax amendment package passed by the Parliament on June 29, 2009.

As of July 1, 2009, employers will pay social security contributions at the rate of 27 percent on the portion of the salary of each employee not exceeding the limit of twice the monthly minimum wage (equal to HUF 143,000), which consists of a pension insurance contribution set at 24 percent, a health insurance contribution set at 2 percent and an unemployment contribution set at 1 percent. The previously applicable rate of 32 percent will only apply to the portion of the salary exceeding the aforementioned threshold and will be abolished altogether as of January 1, 2010.