• 27 Dec 2024

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51 result(s) for changes in Finance

Higher Tax Allowance Approved for Families Raising Children in Hungary

Higher Tax Allowance Approved for Families Raising Children in Hungary

  • 27 Nov 2024 5:17 AM
  • finance
Tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday, the state secretary for family affairs said.
Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25%, at a regular policy meeting.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Central Bank in Hungary Cuts Base Rate Again - Could Fall Under 11% by Year-End

Central Bank in Hungary Cuts Base Rate Again - Could Fall Under 11% by Year-End

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points to 11.50% at a regular policy meeting-
Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Lawmakers approved a package of tax changes submitted by the government on Tuesday. The law passed with 116 votes in support, 47 against and 7 abstentions.
Inflation Falls to 9.9% in Hungary

Inflation Falls to 9.9% in Hungary

Consumer prices in Hungary went up by 9.9% on average in October 2023 compared to the same month of the previous year.
U.S. - Hungary Tax Treaty Termination: What Will Happen to Expats?

U.S. - Hungary Tax Treaty Termination: What Will Happen to Expats?

The tax treaty between the U.S. and Hungary will expire in less than six months, with no new treaty on the horizon. Instead of looking for reasons and hoping for a future agreement, it is better to examine the reality we are facing from January 1, 2024.
Higher Tax Allowance Approved for Families Raising Children in Hungary

Higher Tax Allowance Approved for Families Raising Children in Hungary

  • 27 Nov 2024 5:17 AM
  • finance
Tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday, the state secretary for family affairs said.
Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Central Bank in Hungary Cuts Base Rate to 8.25% Inflation Forecast to Fall

Hungarian central bank rate-setters reduced the base rate by 75 basis points, to 8.25%, at a regular policy meeting.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Central Bank in Hungary Cuts Base Rate Again - Could Fall Under 11% by Year-End

Central Bank in Hungary Cuts Base Rate Again - Could Fall Under 11% by Year-End

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points to 11.50% at a regular policy meeting-
Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Lawmakers approved a package of tax changes submitted by the government on Tuesday. The law passed with 116 votes in support, 47 against and 7 abstentions.
Inflation Falls to 9.9% in Hungary

Inflation Falls to 9.9% in Hungary

Consumer prices in Hungary went up by 9.9% on average in October 2023 compared to the same month of the previous year.
U.S. - Hungary Tax Treaty Termination: What Will Happen to Expats?

U.S. - Hungary Tax Treaty Termination: What Will Happen to Expats?

The tax treaty between the U.S. and Hungary will expire in less than six months, with no new treaty on the horizon. Instead of looking for reasons and hoping for a future agreement, it is better to examine the reality we are facing from January 1, 2024.