Hungarian Opposition Party LMP Proposes Reducing VAT On Basic Foodstuffs

  • 8 Jun 2020 10:43 AM
  • Hungary Matters
Hungarian Opposition Party LMP Proposes Reducing VAT On Basic Foodstuffs
The opposition LMP is proposing the reduction of VAT to 5% on basic foodstuffs, such as fruit, vegetables, dairy products and bakery.

Party lawmaker Antal Csárdi told an online press conference that a reduction is needed because many Hungarians cannot afford to buy increasingly dear food due to its high VAT content.

Currently restaurant bills carry only 5% VAT but the retail price of vegetables and fruit from shops include 27% VAT.

Further price increases affecting food can only be avoided by reducing the VAT, he said.


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