Election 2022: Opposition Presents Plans for Economic Policy Parties of the united opposition presented their ideas concerning a possible introduction of the euro, taxes, inflation, job creation and... 2022.02.04.
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.
Finance Minister: Gov’t to Cut Taxes by HUF 1,500 bn Next Year The government will cut taxes by 1,500 billion forints (EUR 4.bn) in 2022, a video posted on Wednesday on Finance... 2021.12.22.
Unprecedented GDP Growth in Q2 Boosts Expectations for Entire Year Hungary's second-quarter GDP figure substantially exceeded analysts' earlier expectations, with many notably improving their forecasts for this year since then.... 2021.08.18.
Economists Criticize Audit Office Head’s Suggestion of Scrapping PIT In an interview, the President of the State Audit Office of Hungary (ÁSZ), suggested that personal income taxes should be... 2021.08.13.
Audit Office Head Suggests Scrapping Personal Income Tax The head of the State Audit Office (ÁSZ), László Domokos, in an article published by the daily Magyar Nemzet on... 2021.08.11.
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.
Orbán: Higher Taxes ‘Toxic’ for Hungarian Economy Higher taxes would be "toxic" for Hungary's export-oriented economy, Prime Minister Viktor Orbán said on Friday commenting on an international... 2021.06.19.
PIT Exemption of Under-25s in Hungary to Affect More Than Previously Thought In January, Prime Minister Viktor Orbán announced that from 2022 onwards, young Hungarians under the age of 25 will not... 2021.04.15.
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.
Restaurants, Gyms Exempted from Rent Payments until May 31 The government has decided to grant exemption to restaurants, cafes and gyms from paying rent on state or municipally owned... 2021.02.05.
Orbán: Below-25s Won’t Pay Personal Income Tax from January 2022 Hungarians below the age of 25 will not have to pay personal income tax from January 1, 2022, Prime Minister... 2021.01.15.
Audit Office Head Presses for Single-digit PIT Rate László Domokos, the head of the State Audit Office (ÁSZ), said a reduction in the personal income tax rate from... 2020.09.28.
High Budget Deficit in March due to Coronavirus Measures Hungary's cash flow-based budget deficit, excluding local councils, reached 831.9 billion forints (EUR 2.3bn) at the end of March, swelling... 2020.04.08.
Coronavirus: DK Calls on Gov’t to Use EU Epidemic Support to Compensate Those Newly Unemployed Democratic Coalition (DK) leader Ferenc Gyurcsány has called on the government to use 5.6 billion euros of European Union funding... 2020.03.31.
Finance Minister: Hungarian Economy Poised for Strong Year, Expects 4% GDP Growth The Hungarian economy is again poised for a strong year, Finance Minister Mihály Varga said in an interview to Saturday's... 2020.01.20.
Gov’t Discussing Expansion of Income Tax Relief to Women with 3 Children The government is discussing the possibility of expanding an exemption from the personal income tax to include women with three... 2020.01.09.
Jobbik Calls for Scrapping PIT for Young Adults Nationalist Jobbik is launching an initiative to scrap personal income tax for Hungarians under 29, parliamentary group leader Péter Jakab... 2019.12.12.
Tardiness and Disinterest Hurts Civil Organizations and Churches According to the National Tax Authority (NAV), in 2019, 1.69 million people opted to offer 1+1% of their Personal Income... 2019.09.19.
Personal Income Tax Contributions to Charities, Churches Fall Taxpayers in Hungary opted to give one percent of their personal income tax to churches or charities 1.8 million times... 2019.09.10.
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.
