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    • Grant Thornton in Hungary

          • The key to success is a partner with comprehensive knowledge and many years of experience. Our ambition is to serve dynamic organizations and we understand ourselves as specialists for the Central European region.

            Being a member firm of Grant Thornton enables us to represent the interests of our clients even outside of Central Europe. We think that the key to success is to have partners with comprehensive knowledge and many years of experience.

            Our consultants are specialists for the Central European region and our firm has strong links with Grant Thornton member firms in the region.

            Over the past years, Grant Thornton has built a strong position on the Hungarian market as a provider accounting, payroll, valuation and Corporate Finance services.

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    • Audit & Assurance

          • Audit & Assurance

            • Mandatory audits and voluntary audits of single-entity and consolidated financial statements
            • Obligatory and voluntary audits of annual financial statements and group financial statements
            • Audits of foundations
            • Due diligence audits
            • Audits pursuant to capital market law (listing prospectuses and investment fund annual reports)
            • High Level Reviews
            • Agreed upon procedures
            • Special audits (company transformations, mergers, special audits according to stock corporation law, etc.)
            • Accounting audits and management audits, especially as auditors of associations
            • Audits for fraud detection
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          • Accounting

            • Journal entry of ongoing business transactions and computer-based record-keeping
            • Compilation of regular analysis reports and information on business development
            • Preparation of single-entity financial statements, notes to financial statements and drafting assistance for the report of the management board
            • Preparation of tax returns
            • Notifications to the Companies Register and other public authorities
    • Payroll

          • Payroll

            • Full-scale payroll services, calculation of salaries, taxes and contributions to be paid
            • Management of payroll reports, online sending of pay slips to employees, with password protection
            • Preparation and filing of data disclosures, returns and notifications to the authorities
            • Administration of new and leaving employees
            • Monitoring and administration of leaves and other absences
            • Preparation of employer’s certificates, tax certificates
            • Administration of terminations of employment, resignations, dismissals
            • Salary payments by bank transfer
            • Completion of tax and social security transfer orders
            • Social security benefit claims and administration
            • Performance of social security paying agent duties
            • Representation before the authorities in case of audits
            • Preparing reports
            • Payroll and employment administration advisory service
    • Strategic consultancy

          • SPECIAL AREAS OF EXPERTISE

            • Corporate governance by owner model
            • Succession management, generational change
            • CEO consulting
            • Creation of corporate strategy
            • Developing effective, collaborative, visible management
            • Development of sales organisations
            • Business mentoring for middle and senior managers
            • Interim management
            • Consultancy in case of planned outsourcing
            • Subsidies related to company formation
            • Business plans and feasibility studies
            • Consultancy and support prior to negotiations with banks
    • Transaction advisory service

          • Corporate Finance

            • Mergers, acquistions (sale side and purchase side Consulting)
            • Organization of tenders
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            • Project, debt and equity financing
            • Valuation services
            • Public and private capital market transactions (ECM, DCM)
    • Labour administration & HR services

          • Labour Administration

            • Payroll preparation administration: support for the payroll accounting activities, pre-processing of lost working time, vacation days, absences due to illness. Collecting the input data for and preparing them for payroll accounting.
            • Tasks arising in connection with working time banking system, monitoring the issuance of rest periods and ensuring compliance with the rules of maximum working time.
            • Preparing, updating and modifying of HR personnel materials. Drawing up the documentation necessary for terminations of employment.
            • If required, labour registration tasks, requesting social security and tax identification numbers.
            • Conducting internal audits at regular intervals, making recommendations for eliminating any deficiencies identified.

          • HR contact representation:

            • Maintaining contact with employees via the designated channel of communication, to answer everyday questions.
            • Designation of a liaison person between internal financial departments and payroll accounting.
            • Providing opinions with respect to dubious situations, being continuously available for consultation in HR-related questions.

          • HR Consultancy:

            • Development of HR processes, structural systematisation, overview and due diligence of positions and work organisation, organisational development consultancy.
            • Establishing compensation systems, with the examination of tax and expense consequences, as well as internal policies Creating cafeteria and grade systems.
            • Labour market consultancy, supporting recruitment and selection, from the identification of labour demand needs to implementing the onboarding process.
            • Surveying the needs for, as well as creating internal policies contributing to more efficient operations.
    • Valuation

          • Financial Valuations:

            • Company valuation
            • Valuation of intangible assets (know-how, brand name, licence, technology, software, etc.)
            • Business planning
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          • Fixed Asset Valuation:

            • Real estate valuation
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            • Collateral valuation
            • Independent technical advisory
            • Feasibility studies
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            • Valuation for insurance purposes
            • Remaining life estimation
    • Controlling and management reporting

          • Controlling

            • Interim financial management
            • Reviewing of financial systems and processes
            • Design, implementation and operation of controlling and reporting systems
            • Management of the introduction of business intelligence (BI) and enterprise resource planning (ERP) systems
    • Accounting and Tax automation
    • Transfer Pricing Advisory

          • Transfer Pricing Advisory

            • Transfer pricing advisory
            • Preparation of transfer pricing documentation
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          • Whistleblowing

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NewsPublic Holidays in 2024-2025

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Public Holidays in 2024-2025

2024. June 13., Thursday

Public holidays in 2025

The ministerial decree on the working schedule around public holidays in 2025 has been published. Based on this, the planning and preparation of working time calendars, payroll preparation calendars, working time banking systems and working time calculations for 2025 can be started.

On 8 April 2024, Decree 11/2024 (IV. 8.) NGM of the Minister of National Economy on the working schedule around public holidays in 2025 was published.

The working schedule around public holidays in 2025, which entails a deviation from the calendar working schedule, applies to all employers and their employees working on the general working schedule.

For 2024 public holidays, click here.

Let’s see what workdays will be rescheduled in 2025

  • 17 May 2025, Saturday: workday – 2 May 2025, Friday: rest day
  • 18 October 2025, Saturday: workday – 24 October 2025, Friday: rest day
  • 13 December 2025, Saturday: workday – 24 December 2025, Wednesday: rest day

Saturdays rescheduled as workdays in 2025

From the above, it can be seen that there will be a total of three workdays falling on Saturdays in 2025: 17 May, 18 October and 13 December.

Long weekends in 2025

Next year, we will have plenty of long weekends: one weekend will be three days long and three weekends will be four days long, in addition to the five-day Christmas weekend.

Public holidays, rest days and rescheduled workdays in 2025

1 January 2025 Wednesday New Year’s Day public holiday
15 March 2025 Saturday 1848 Revolution Day public holiday
18 April 2025 Friday Good Friday public holiday
19 April 2025 Saturday rest day
20 April 2025 Sunday Easter Sunday public holiday
21 April 2025 Monday Easter Monday public holiday
1 May 2025 Thursday Labour Day public holiday
2 May 2025 Friday rest day (rescheduled!!)
3 May 2025 Saturday rest day
4 May 2025 Sunday rest day
17 May 2025 Saturday workday (rescheduled!!)
7 June 2025 Saturday rest day
8 June 2025 Sunday Pentecost Sunday public holiday
9 June 2025 Monday Pentecost Monday public holiday
20 August 2025 Wednesday State Foundation Day public holiday
18 October 2025 Saturday workday (rescheduled!!)
23 October 2025 Thursday 1956 Revolution Day public holiday
24 October 2025 Friday rest day (rescheduled!!)
25 October 2025 Saturday rest day
26 October 2025 Sunday rest day
1 November 2025 Saturday All Saints’ Day public holiday
13 December 2025 Saturday workday (rescheduled!!)
24 December 2025 Wednesday Christmas Eve rest day (rescheduled!!)
25 December 2025 Thursday Christmas Day public holiday
26 December 2025 Friday Second Day of Christmas Day public holiday
27 December 2025 Saturday rest day
28 December 2025 Sunday rest day

Public holidays in 2024

Let’s also review workdays will be rescheduled in 2024

  • 3 August 2024, Saturday: workday – 19 August 2024, Monday: rest day
  • 7 December 2024, Saturday: workday – 24 December 2024, Tuesday: rest day
  • 14 December 2024, Saturday: workday – 27 December 2024, Friday: rest day

Saturdays rescheduled as workdays in 2024

Based on the above, we can see that there will be a total of three Saturday workdays in 2024: 3 August, 7 December and 14 December. To compensate workers for the long weeks in December, the Christmas period will consist of a single, six-day-long weekend, which can be turned into a holiday of more than ten days by taking a couple of days off.

Long weekends in 2024

We have plenty of long weekends this year, with virtually all, public holidays falling during the middle of the week.  Four of these weekends will be three-day weekends and two will be four-day weekends, in addition to the six-day Christmas weekend.

Public holidays, rest days and rescheduled workdays in 2024

30 December 2023 Saturday rest day
31 December 2023 Sunday rest day
1 January 2024 Monday New Year’s Day public holiday
15 March 2024 Friday 1848 Revolution Day public holiday
16 March 2024 Saturday rest day
17 March 2024 Sunday rest day
29 March 2024 Friday Good Friday public holiday
30 March 2024 Saturday rest day
31 March 2024 Sunday Easter Sunday rest day
1 April 2024 Monday Easter Monday public holiday
1 May 2024 Wednesday Labour Day public holiday
18 May 2024 Saturday rest day
19 May 2024 Sunday Pentecost Sunday rest day
20 May 2024 Monday Pentecost Monday public holiday
3 Aug 2024 Saturday workday (rescheduled!!)
17 Aug 2024 Saturday rest day
18 Aug 2024 Sunday rest day
19Aug 2024 Monday rest day (rescheduled!!)
20 Aug 2024 Tuesday State Foundation Day public holiday
23 October 2024 Wednesday 1956 Revolution Day public holiday
1 November 2024 Friday All Saints’ Day public holiday
2 November 2024 Saturday rest day
3 November 2024 Sunday rest day
7 December 2024 Saturday workday (rescheduled!!)
14 December 2024 Saturday workday (rescheduled!!)
24 December 2024 Tuesday Christmas Eve rest day (rescheduled!!)
25 December 2024 Wednesday  Christmas Day public holiday
26 December 2024 Thursday Second Day of Christmas Day public holiday
27 December 2024 Friday rest day (rescheduled!!)
28 December 2024 Saturday rest day
29 December 2024 Sunday rest day

Related Services

Labour administration & HR services

With our supplementary labour administration services, clients receive support to ensure that the day-to-day preparatory administration can run smoothly and in compliance with the relevant rules.

Payroll

Outsourcing your payroll relieves your company of the burden of this area, so you can focus on your core business.

Contact our expert

Zsófia Vajna HEAD OF HUMAN CAPITAL SERVICES
Budapest +36 30 783 7103
zsofia.vajna@hu.gt.com
Request a quote!

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