426 result(s) for income tax
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Prosecutor Presses Charges Against Former Socialist Official
- 7 Mar 2016 8:00 AM
- current affairs
The Central Investigating Chief Prosecutor’s Office said it pressed charges of excessive fraud and document abuse against Gábor Simon, a former deputy leader of the opposition Socialist Party. Simon’s case goes back to February 2014 when it came to light during the run-up to the general election that Simon had undeclared assets worth about 240 million forints (EUR 780,000) held on an Austrian ...
Uber Offers To Co-Operate
- 17 Feb 2016 8:00 AM
- current affairs
The mobile phone application based taxi service company Uber has offered its co-operation to the government in a full page advertisement today.
Head Of Hungary’s Transport Department: Uber “Dangerous”
- 20 Jan 2016 8:00 AM
- getting around
Head of the transport department at the Budapest Chamber of Industry and Commerce, Zoltán Dudás, called Uber “dangerous” because it highlights how income can be made tax-free. He added that once Uber destroys Hungarian businesses services would become much dearer. Taxi company Főtaxi said it would sign the joint statement issued by taxi professional associations and unions.
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
PM Advisor’s Habony Deleted From Nightclub Video
- 14 Dec 2015 8:00 AM
- current affairs
Scenes featuring unofficial prime ministerial advisor Árpád Habony in a promotional video for the elite Heart nightclub on Ibiza have been deleted, RTL Klub reported on Friday. Democratic Coalition politician Zsolt Gréczy said the re-editing of the video proves that the recording is embarrassing for Habony. Jobbik initiated an audit by the Tax Office into Habony’s wealth to clarify from what ...
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Prosecutor Presses Charges Against Former Socialist Official
- 7 Mar 2016 8:00 AM
- current affairs
The Central Investigating Chief Prosecutor’s Office said it pressed charges of excessive fraud and document abuse against Gábor Simon, a former deputy leader of the opposition Socialist Party. Simon’s case goes back to February 2014 when it came to light during the run-up to the general election that Simon had undeclared assets worth about 240 million forints (EUR 780,000) held on an Austrian ...
Uber Offers To Co-Operate
- 17 Feb 2016 8:00 AM
- current affairs
The mobile phone application based taxi service company Uber has offered its co-operation to the government in a full page advertisement today.
Head Of Hungary’s Transport Department: Uber “Dangerous”
- 20 Jan 2016 8:00 AM
- getting around
Head of the transport department at the Budapest Chamber of Industry and Commerce, Zoltán Dudás, called Uber “dangerous” because it highlights how income can be made tax-free. He added that once Uber destroys Hungarian businesses services would become much dearer. Taxi company Főtaxi said it would sign the joint statement issued by taxi professional associations and unions.
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
PM Advisor’s Habony Deleted From Nightclub Video
- 14 Dec 2015 8:00 AM
- current affairs
Scenes featuring unofficial prime ministerial advisor Árpád Habony in a promotional video for the elite Heart nightclub on Ibiza have been deleted, RTL Klub reported on Friday. Democratic Coalition politician Zsolt Gréczy said the re-editing of the video proves that the recording is embarrassing for Habony. Jobbik initiated an audit by the Tax Office into Habony’s wealth to clarify from what ...