48 result(s) for personal income tax in Business
Option Of Tax Office Preparing Tax Returns Increasingly Popular
- 19 Mar 2015 3:00 AM
- business
The option to ask the Tax and Customs Office (NAV) to prepare personal income tax returns is increasingly popular, daily Magyar Nemzet said. As many as 317,000 people requested it last year, up from 290,000 in 2013 and 231,000 in 2012, the paper said, citing NAV figures.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Varga: Hungarian Govt Not Mulling Corporate Tax Changes
- 22 Oct 2014 9:00 AM
- business
The government is not planning to change the taxation rate for companies next year but the longterm goal is to have a flat-rate tax, Mihály Varga, the economy minister, told a press conference. Presenting details of the government’s tax proposals, Varga said that small and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%.
Plans To Reduce Personal Income Tax In Hungary By 2018
- 16 Jun 2014 9:00 AM
- business
Prime Minister Viktor Orbán said on Friday that he wanted to see the personal income tax reduced from the current 16% to below 10% by 2018. To attain this goal, the economy should grow instead of the current 2-4% by 4 to 6%, he told public Kossuth radio, adding that the latter rate is also feasible.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Govt Aims For Single Digit Personal Income Tax Rate
- 10 Dec 2013 8:00 AM
- business
Hungary’s government aims to bring the personal income tax rate under 10%, deputy state secretary for tax matters Zoltán Pankucsi said in Monday’s issue of daily Magyar Nemzet.
Single-Digit Tax Rate In Hungary Possible In Three Years
- 25 Nov 2013 8:00 AM
- business
Hungary’s flat-rate personal income tax can be hopefully reduced from the current 16% to a single digit within three years, Prime Minister Viktor Orbán said at a business forum in Japan on Friday.
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.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Option Of Tax Office Preparing Tax Returns Increasingly Popular
- 19 Mar 2015 3:00 AM
- business
The option to ask the Tax and Customs Office (NAV) to prepare personal income tax returns is increasingly popular, daily Magyar Nemzet said. As many as 317,000 people requested it last year, up from 290,000 in 2013 and 231,000 in 2012, the paper said, citing NAV figures.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Varga: Hungarian Govt Not Mulling Corporate Tax Changes
- 22 Oct 2014 9:00 AM
- business
The government is not planning to change the taxation rate for companies next year but the longterm goal is to have a flat-rate tax, Mihály Varga, the economy minister, told a press conference. Presenting details of the government’s tax proposals, Varga said that small and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%.
Plans To Reduce Personal Income Tax In Hungary By 2018
- 16 Jun 2014 9:00 AM
- business
Prime Minister Viktor Orbán said on Friday that he wanted to see the personal income tax reduced from the current 16% to below 10% by 2018. To attain this goal, the economy should grow instead of the current 2-4% by 4 to 6%, he told public Kossuth radio, adding that the latter rate is also feasible.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Govt Aims For Single Digit Personal Income Tax Rate
- 10 Dec 2013 8:00 AM
- business
Hungary’s government aims to bring the personal income tax rate under 10%, deputy state secretary for tax matters Zoltán Pankucsi said in Monday’s issue of daily Magyar Nemzet.
Single-Digit Tax Rate In Hungary Possible In Three Years
- 25 Nov 2013 8:00 AM
- business
Hungary’s flat-rate personal income tax can be hopefully reduced from the current 16% to a single digit within three years, Prime Minister Viktor Orbán said at a business forum in Japan on Friday.
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.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...