188 result(s) for personal income tax
Hungary’s New Church Law Amendments
- 30 Sep 2015 2:00 AM
- community & culture
In future churches should be registered by courts based on legal provisions, according to a consultation paper on the church law published online on kormany.hu. The law in effect since January 1, 2012 originally recognised only 14 congregations as established churches but allowed other faiths to apply to parliament for recognition, dependent on the vote of a two-thirds majority.
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungary’s PM Calls Socialists Hypocritical Over Vatcut Proposal
- 28 Apr 2015 9:00 AM
- current affairs
Prime Minister Viktor Orbán in parliament has dismissed a Socialist proposal to cut value-added tax on some products and called the opposition party “hypocritical”. The Socialists want to reduce “the very VAT which they raised high-sky”, Orbán insisted, responding to a proposal by Socialist MP Zoltán Gőgös to reduce VAT on products rather than cutting personal income tax in 2016.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungary’s New Church Law Amendments
- 30 Sep 2015 2:00 AM
- community & culture
In future churches should be registered by courts based on legal provisions, according to a consultation paper on the church law published online on kormany.hu. The law in effect since January 1, 2012 originally recognised only 14 congregations as established churches but allowed other faiths to apply to parliament for recognition, dependent on the vote of a two-thirds majority.
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungary’s PM Calls Socialists Hypocritical Over Vatcut Proposal
- 28 Apr 2015 9:00 AM
- current affairs
Prime Minister Viktor Orbán in parliament has dismissed a Socialist proposal to cut value-added tax on some products and called the opposition party “hypocritical”. The Socialists want to reduce “the very VAT which they raised high-sky”, Orbán insisted, responding to a proposal by Socialist MP Zoltán Gőgös to reduce VAT on products rather than cutting personal income tax in 2016.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...