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Tax, salary, housing, property purchase in Hungary: all your 2026 finances in one handy spot
New laws and financial shifts kick off on 1 January, shaking up everything from home buying and loans to family taxes, salary trends, and everyday banking costs. Dive into the details in our article below.
Some of these changes in Hungary overlap in exciting ways come early 2026, potentially boosting family budgets by hundreds of thousands—or even millions—of forints. Mostly good news, too, as elections loom: expect handouts over hikes. The government rolls out the first chunk of the 14th-month pension, dishes out “weapon money” to armed forces personnel (equivalent to six months’ salary—a hefty, eye-catching sum), and expands the circle of low-tax (or even zero personal income tax) payers. Plus, the family tax allowance jumps by a net 50,000 forints. But that’s not all.
Home buying and lending: bigger opportunities, tighter rules
The Otthon Start scheme has turned Hungary’s property market upside down since launch, with rules evolving fast. From 1 January, a major tweak: that fixed 3% housing loan now covers homes in outlying rural areas too, according to money.hu. On top of that, it’s easier to declassify closed-garden plots from agricultural use—though local councils must approve, and many already have. Once freed, these plots can become residential property, ramping up their value.
Years of sky-high inflation and salaries that grow (without quite keeping pace) mean the debt-to-income ratio (JTM) limit had to shift. From 1 January, the threshold below which you can only spend 50% of income on repayments rises from 600,000 to 800,000 forints monthly. Above that, you can stretch to 60%.
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“We see preparation as the key to nailing a home purchase next year,” says money.hu expert Richter Ádám. “With demand surging and JTM rules loosening, a pre-approval isn’t just helpful—it’s a game-changer. Arrive with a firm loan offer in hand, and you’ll know your limits plus be ready to snap up that dream property on the spot.”
Minimum salary, tax, family allowances
Great news for workers: the minimum wage and guaranteed minimum for skilled roles leap again from 1 January—lifting pay packets across the board. Minimum salary surges 11%, skilled minimum 7%. Since benefits like maternity pay (csecsemőgondozási díj), child-rearing allowance (gyermekgondozási díj), and sick pay tie to it, they rise too. New figures: gross minimum salary at 322,800 forints (832 euros), skilled at 373,200 forints (962 euros).
From January, tax exemptions extend to mums with two kids—starting with those under 40. Mums under 30 get full personal income tax relief, no matter the child count. Meanwhile, family tax credits grow by another net 50,000 forints for households with three or more kids, if parents’ gross income allows full claim.
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Housing support takes off
Targeted at public servants, but generous: the state offers 1 million forints yearly (about 83,000 monthly). Use it for mortgage repayments or down payments on new loans. Couples taking joint loans can both claim it. The net’s wide—even high-earning mayors qualify.
Pensions rise, plus 14th-month bonus
Following the 13th-month pension before 2022 elections, the first week of the 14th arrives too. Retirees snag effectively 1.25 months’ extra in February. Elections? Likely 12 April, so this perk will stick in minds—especially loyal voters’. Supplementary work for pensioners stays contribution-free, a win for workers and employers alike.
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Banking fees will remain on hold before the elections
Tied to elections, perhaps: account fees stay frozen until end-June, after banks’ promise to government. Experts note Hungary’s economy is limping to the polls—underperforming amid handouts—needing big fixes post-vote, likely with cuts. Watch for fee hikes from mid-2026.
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For flat-rate taxpayers, perks ahead: cost ratios rise (slashing tax bills), and VAT exemption thresholds climb—sensible amid inflation and wage growth.
The governing Fidesz party faces a challenging re-election bid in April, with polls showing significant opposition gains.
In what many see as a last-ditch effort to sway voters, the government has announced a sweeping package of tax, salary, and property benefits set for 2026.
However, critics argue these future promises may be too late to reverse the current political momentum against them. The election is shaping up to be the most contested in over a decade.