Hungarian Opposition Party LMP Proposes Reducing VAT On Basic Foodstuffs
- 8 Jun 2020 10:43 AM
- Hungary Matters
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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