LMP on Suspending Local Business Tax: Gov’t Wants to ‘Choke’ Local Councils Opposition LMP believes the government doesn't want to help small- and medium-sized enterprises by suspending the local business tax, rather... 2020.11.23.
Gov’t to Review Covid Situation and Effectiveness of Current Restrictions Next Week Talking about the timeframe of the current restrictions and whether the government had any plans to tighten them, the head... 2020.11.20.
Coronavirus: Regular Testing of Essential Workers Starts on Friday, says PMO Head Hungary is set to begin testing certain essential workers for coronavirus on a regular basis from Friday, Gergely Gulyás, the... 2020.11.19.
MSZP, Párbeszéd Call on Gov’t to ‘Stop Punishing’ Local Councils with Taxes The opposition Socialist Party (MSZP) and Párbeszéd called on the government on Tuesday to "stop punishing" local councils with taxes... 2020.11.17.
Coronavirus – Orbán: New Restrictions ‘Timely’ and ‘Precise’ "Every life counts", Prime Minister Viktor Orbán said in a radio interview on Friday, while also flagging tax cuts next... 2020.11.13.
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.
Employers Reject Budapest Council’s Tax Proposal to Reboot Economy National employer federation MGYOSZ on Tuesday rejected a proposal by the Budapest municipal council to increase the business tax in... 2020.10.13.
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.
Coronavirus: Budapest Leadership Mulling 0.5% Business Tax for Recovery Budapest is mulling the introduction of a 0.5 percent "recovery" tax on larger businesses until Budapest emerges from the economic... 2020.10.08.
Fin Min Varga: EU Recovery Package Should Respect Sovereignty of Taxation The European Union's recovery package aiming to offset the economic impact of the coronavirus pandemic will have to be set... 2020.09.05.
Fin Min Varga: Hungary Tax-to-GDP Ratio Reduction Second-biggest in OECD Ranking The OECD has acknowledged that Hungary's tax burden relative to GDP was reduced by the second-largest degree, Finance Minister Mihály... 2020.09.04.
Coronavirus: Jobbik Calls for One-off Benefits to be Tax Exempt in Emergency The opposition Jobbik party on Thursday proposed that one-off benefits should be tax exempt if extended by local councils during... 2020.08.07.
Parliament Approves 2021 Budget Lawmakers approved the government's 2021 budget on Friday. The finance minister said the budget was dedicated to economic protection, maintaining... 2020.07.03.
All Companies Accounts Can Be Seen by Tax Office From Now On The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten... 2020.07.01.
Gov’t: Tax Changes in Force from July 1 to Save Taxpayers HUF 350 Billion Changes to contributions and tax preferences that will come into force from July 1 will save taxpayers 350 billion forints... 2020.06.30.
LMP Proposes Reducing VAT on Basic Foodstuffs The opposition LMP is proposing the reduction of VAT to 5 percent on basic foodstuffs, such as fruit, vegetables, dairy... 2020.06.07.
KINCS: Hungarian Family Tax Allowance Outstanding in International Comparison The Hungarian family tax allowances ranked among those leaving the most income with families according to a survey conducted by... 2020.06.02.
Coronavirus: Jobbik Calls for Taxes on ‘Wealthy Friends and Families in Gov’t Circles’ The government should withdraw its support from beneficiaries of its policies and levy taxes on those businesses instead, György Szilágyi,... 2020.05.07.
Coronavirus: Opposition Turns to Top Court for Tax Withdrawn from Municipalities The opposition parties in parliament have asked the top court for a constitutional review of a government decision to deprive... 2020.05.07.
Coronavirus: Gov’t Issues Tax Relief Decree Hungary's government has issued a decree on tax relief which will leave over 200 billion forints (EUR 564.7m) with businesses... 2020.04.22.
Coronavirus – Finance Ministry: Special Bank and Retail Tax to Add 91 Billion Forints to Anti-virus Funds Two government decrees levying extraordinary taxes on banks and on big retail businesses published on Tuesday are expected to raise... 2020.04.15.
