Hungarian Banks Call For End To Transaction Tax
- 8 Jan 2020 11:35 AM
The Bank Association yesterday called for the abolition of the transaction tax before the new instant payment system becomes operative on March 2.
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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Old HUF 10,000 Notes No Longer Valid
- 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
- 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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Old 10,000 Forint Notes Invalid After December
- 27 Dec 2019 7:04 AM
The National Bank of Hungary (NBH) just issued a reminder that old 10,000 forint (EUR 30) bills will be withdrawn from circulation at the end of this year.
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National Bank Of Hungary Leaves Base Rate On Hold
- 18 Dec 2019 10:00 AM
Rate-setters of the National Bank of Hungary left the base rate unchanged at 0.90% and the central bank O/N deposit rate at -0.05% at a regular meeting on Tuesday.
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