Travel Spending Set To Fall If Vouchers Replaced By Cash

  • 27 Apr 2016 9:00 AM
Travel Spending Set To Fall If Vouchers Replaced By Cash
Spending on travel with recreation vouchers would fall by more than half if the vouchers are replaced with cash, a survey by room booking service Szallas.hu shows. Just 17% of respondents said they would spend the full equivalent in cash of the recreation vouchers they get at present.

Hungary must wind up its unified voucher system because the European Court of Justice has ruled it violates key European Union rules.

Prime Minister Viktor Orbán has suggested the vouchers could be replaced with cash remuneration on which employers would also enjoy payroll tax preferences.

Source www.hungarymatters.hu - Visit Hungary Matters to sign-up for MTI’s twice-daily newsletter.

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