• Tax Burden To Decrease Further In Hungary

    Tax Burden To Decrease Further In Hungary

    • 2 Jan 2020 7:34 AM

    The government has managed to simultaneously reduce the tax burden while increasing revenues this year, and this additional money is being ploughed into new measures under the family protection action plan as well providing coverage for new tax cuts, a finance ministry official has said in an interview.

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  • Old HUF 10,000 Notes No Longer Valid

    Old HUF 10,000 Notes No Longer Valid

    • 31 Dec 2019 9:38 AM

    From January 1, 2020 the old Ft 10,000 banknote ceases to be legal tender, HVG recalls, warning consumers that these notes cannot be used after December 31.

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  • Minimum Wage To Rise 8% Next Year In Hungary

    Minimum Wage To Rise 8% Next Year In Hungary

    • 31 Dec 2019 9:12 AM

    The minimum wages for both skilled and unskilled workers will rise by 8% next year, in line with an agreement reached a year earlier between unions, employers and the government, Finance Minister Mihály Varga has announced.

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