10 result(s) for lowering vat
Hungary's High Inflation Said To Be 'Temporary'
- 3 Aug 2021 8:59 AM
- hungarymatters.hu
- finance
Hungary's current high level of inflation is temporary and, as long as the central bank makes full use of the tools at its disposal, consumer prices may return to around 3% next year, the finance minister said.
OECD: Hungary Economy ’Prospering’ But Risks Remain
- 1 Feb 2019 8:27 AM
- hungarymatters.hu
- current affairs
The Organisation for Economic Co-operation and Development (OECD) acknowledged Hungary’s strong GDP growth, but warned that the economy faces risks such as a labour shortage.
Socialists Urge Lowering VAT On Cultural Services In Hungary
- 23 Jan 2019 7:06 AM
- hungarymatters.hu
- current affairs
The opposition Socialist Party has proposed that VAT on services in areas of culture such as theatre, musical events and museums, should be lowered from 27% to 5%.
Hungary’s Inflation Falls To 2.1 Pc In December
- 15 Jan 2018 9:00 AM
- business
Hungarian inflation was an annual 2.1 percent in December, slowing from 2.5 percent in November, the Central Statistical Office (KSH) said on Friday. For the full year, consumer prices were up an annual 2.4 percent in 2017. Food prices rose by 3.5 percent and the price of tobacco and spirits jumped by 6.8 percent.
Socialists Call On Hungarian Government To Cut Gas Prices
- 1 Sep 2017 2:00 AM
- current affairs
The opposition Socialist Party (MSZP) on Thursday called on the government to cut household gas prices, arguing that global energy prices have fallen significantly since 2014. Speaking at a press conference, Socialist Party group leader Bertalan Tóth said that over the last three years the government “has ignored the fact that global energy prices have fallen by significant margins”.
Restaurants For Compulsory Tipping
- 12 May 2017 7:00 AM
- food & drink
The Hotel and Restaurant Association is suggesting a compulsory 8-15% service charge on restaurant services, vice-president Tamás Flesch announced yesterday at the Tourism and Profit conference.
Govt Mulls Lowering VAT On Sour Cream, Cottage Cheese, Pork Organs
- 4 Jan 2017 8:28 AM
- shopping
The government is working to lower the value-added tax on sour cream, cottage cheese and pork organs next year, the farm ministry told daily Magyar Idők. The VAT on poultry, eggs and milk was reduced on January 1.
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Study Uncovers Massive Tax Evasion In Food Retail In Hungary
- 20 Sep 2012 9:02 AM
- shopping
Tax dodging in the food retail industry costs the state Ft 130 billion in lost taxes every year, according to a study by Ernst & Young. The most common method of evading taxes is the practice of “fake exporting,” said Ernst & Young tax expert Tamás Vékási. In such schemes, the products leave Hungary only on paper, as VAT does not have to be paid in Hungary on products exported within the EU.
Hungary's High Inflation Said To Be 'Temporary'
- 3 Aug 2021 8:59 AM
- hungarymatters.hu
- finance
Hungary's current high level of inflation is temporary and, as long as the central bank makes full use of the tools at its disposal, consumer prices may return to around 3% next year, the finance minister said.
OECD: Hungary Economy ’Prospering’ But Risks Remain
- 1 Feb 2019 8:27 AM
- hungarymatters.hu
- current affairs
The Organisation for Economic Co-operation and Development (OECD) acknowledged Hungary’s strong GDP growth, but warned that the economy faces risks such as a labour shortage.
Socialists Urge Lowering VAT On Cultural Services In Hungary
- 23 Jan 2019 7:06 AM
- hungarymatters.hu
- current affairs
The opposition Socialist Party has proposed that VAT on services in areas of culture such as theatre, musical events and museums, should be lowered from 27% to 5%.
Hungary’s Inflation Falls To 2.1 Pc In December
- 15 Jan 2018 9:00 AM
- business
Hungarian inflation was an annual 2.1 percent in December, slowing from 2.5 percent in November, the Central Statistical Office (KSH) said on Friday. For the full year, consumer prices were up an annual 2.4 percent in 2017. Food prices rose by 3.5 percent and the price of tobacco and spirits jumped by 6.8 percent.
Socialists Call On Hungarian Government To Cut Gas Prices
- 1 Sep 2017 2:00 AM
- current affairs
The opposition Socialist Party (MSZP) on Thursday called on the government to cut household gas prices, arguing that global energy prices have fallen significantly since 2014. Speaking at a press conference, Socialist Party group leader Bertalan Tóth said that over the last three years the government “has ignored the fact that global energy prices have fallen by significant margins”.
Restaurants For Compulsory Tipping
- 12 May 2017 7:00 AM
- food & drink
The Hotel and Restaurant Association is suggesting a compulsory 8-15% service charge on restaurant services, vice-president Tamás Flesch announced yesterday at the Tourism and Profit conference.
Govt Mulls Lowering VAT On Sour Cream, Cottage Cheese, Pork Organs
- 4 Jan 2017 8:28 AM
- shopping
The government is working to lower the value-added tax on sour cream, cottage cheese and pork organs next year, the farm ministry told daily Magyar Idők. The VAT on poultry, eggs and milk was reduced on January 1.
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Study Uncovers Massive Tax Evasion In Food Retail In Hungary
- 20 Sep 2012 9:02 AM
- shopping
Tax dodging in the food retail industry costs the state Ft 130 billion in lost taxes every year, according to a study by Ernst & Young. The most common method of evading taxes is the practice of “fake exporting,” said Ernst & Young tax expert Tamás Vékási. In such schemes, the products leave Hungary only on paper, as VAT does not have to be paid in Hungary on products exported within the EU.