Orbán Gov’t Pledges Pension Hikes if Inflation Rises The government will increase pension payments during the year if the war in Ukraine drives Hungary's inflation higher than expected,... 2022.03.30.
More Than 800,000 Applications for Family Tax Reimbursements Tax authority NAV received 835,000 applications for family tax reimbursements last year, under which over 600 billion forints (EUR 1.7bn)... 2022.01.05.
TAO Money for Sports Totals Nearly HUF 1 Trillion over Past Ten Years Sport clubs and federations received a total of HUF 923 billion (EUR 2.49 billion) over the past ten years from... 2021.11.23.
Govt Official: Global Minimum Tax against Hungary’s Interests Hungary refuses to give up its financial sovereignty by introducing a global minimum corporate tax rate, finance ministry state secretary... 2021.08.14.
Online Income Tax Contributions to Charities Up 10 % in 2021 Some 1.2 million taxpayers in Hungary used the online tax returns system to donate one percent of their income tax... 2021.07.19.
State Secretary: Govt Cutting Tax Bills by Huf 1,000 Bn in Response to Pandemic As well as extending subsidies, introducing a credit moratorium, and phasing in the 13-month pension, the government has cut taxes... 2021.06.07.
Gov’t Official: Global Minimum Tax Would Equal Tax Increases Hungary rejects any plan that would force it to raise taxes, including the proposal for a global minimum tax, finance... 2021.05.25.
FinMin Official: Hungary Among Europe’s Safest Countries for Online Payments Notwithstanding last year's 70,000 fraudulent bankcard transactions costing 1.3 billion forints (EUR 3.6m), Hungary is among Europe's safest countries for... 2021.04.19.
State Secy: Income Tax Donations to Charities, Churches up 5% in 2020 Some 2.2 million taxpayers in Hungary opted to donate one percent of their income tax to charities or churches last... 2021.03.29.
Deputy Fin Min: Socialists Would Cause Thousands of Wage Cuts A large tax hike proposed by the Socialists would likely result in a wage cut for hundreds of thousands of... 2021.01.06.
Deputy FinMin Tállai Criticises Budapest Mayor’s ‘Jumpstart’ Tax Proposal Deputy finance minister András Tállai called a proposal by the mayor of Budapest to levy a "jumpstart" tax on businesses... 2020.10.15.
Hungary to Roll Out Tax Exemption to Home-distilled Pálinka in January Making pálinka, the national eau de vie, at home will be a tax-free activity from January 1, András Tállai, state... 2020.10.12.
Deputy Finance Min: Hungary Has Regained Financial Sovereignty Hungary has regained its financial sovereignty over the past ten years thanks in large part to the elimination of the... 2020.08.22.
Hungary Wins ‘Pálinka War’: EU Allows Tax-free Fruit Distillate for Household Consumption Hungary's finance ministry is reviewing the possibility of introducing a tax exemption on pálinka, the national eau de vie, as... 2020.08.06.
Coronavirus – Gov’t: HUF 600 Billion Spent on Prevention So Far Up to now, the government has spent a total 600 billion forints (EUR 1.7bn) on preventive measures with regard to... 2020.05.12.
Finance Minister: New Economic Measures to Come into Effect This Year New measures as part of the action plan to protect the economy, alongside targeted tax cuts, will come into effect... 2020.01.02.
Baby Bond Numbers Pass 190,000 The number of Start "baby bond" accounts with the State Treasury has risen above 190,000 by the end of July,... 2019.08.13.
Govt: New Tax System Brings More Revenues The Hungarian government's tax cuts are working, finance ministry state secretary András Tállai told the Saturday edition of daily Magyar... 2019.08.05.
Govt Against VAT Cut Reducing Hungary's main VAT rate by two percentage points to 25 percent would result in "many hundreds of billions of... 2018.10.12.
