746 result(s) for reduced
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Foreigners Prevented From Purchasing Farmland In Hungary
- 9 Oct 2015 9:00 AM
- property
The government’s programme of selling off state-owned land to farmers is aimed at preventing foreign nationals from acquiring farmland in the country, János Lázár, head of the government office, told a regular government briefing. Lázár said it was important to ensure that Hungarian farmers have the opportunity to buy state-owned land.
Tesco Expected To Continue Operations In Hungary
- 8 Oct 2015 2:40 AM
- shopping
Supermarket chain Tesco has concluded its portfolio reshaping and it can be expected that Tesco will continue its operations in central Europe. Earlier in September press reports speculated that Tesco could pull out of Slovakia, the Czech Republic, Hungary and Poland in the coming months.
LMP Proposes Daily HUF 700 Budapest Traffic Congestion Charge
- 29 Sep 2015 11:40 AM
- getting around
The green LMP party has proposed that Budapest should levy a congestion charge of 700 forints (EUR 2.3) per day in peak hours, the party’s municipal councillor said.The party’s proposal also calls for building more P+R lots and developing the city’s cycling infrastructure, Antal Csárdi told a press conference.LMP would set the boundary for the charge on the Könyves Kálmán, Hungária and Róbert ...
Hungarian National Restaurant Week, 12 - 18 October
- 24 Sep 2015 9:00 AM
- food & drink
This autumn our guests have a chance to get acquainted with more than 100 middle and upper-class restaurants and their cuisines at the 9th National Restaurant Week from 12th to the 18th October. Guests pre-booking on www.etteremhet.hu can dine for a mere 3,300 HUF (service fee included). You are free to choose the restaurant or the meal (lunch or dinner) from the list available on the website.
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Foreigners Prevented From Purchasing Farmland In Hungary
- 9 Oct 2015 9:00 AM
- property
The government’s programme of selling off state-owned land to farmers is aimed at preventing foreign nationals from acquiring farmland in the country, János Lázár, head of the government office, told a regular government briefing. Lázár said it was important to ensure that Hungarian farmers have the opportunity to buy state-owned land.
Tesco Expected To Continue Operations In Hungary
- 8 Oct 2015 2:40 AM
- shopping
Supermarket chain Tesco has concluded its portfolio reshaping and it can be expected that Tesco will continue its operations in central Europe. Earlier in September press reports speculated that Tesco could pull out of Slovakia, the Czech Republic, Hungary and Poland in the coming months.
LMP Proposes Daily HUF 700 Budapest Traffic Congestion Charge
- 29 Sep 2015 11:40 AM
- getting around
The green LMP party has proposed that Budapest should levy a congestion charge of 700 forints (EUR 2.3) per day in peak hours, the party’s municipal councillor said.The party’s proposal also calls for building more P+R lots and developing the city’s cycling infrastructure, Antal Csárdi told a press conference.LMP would set the boundary for the charge on the Könyves Kálmán, Hungária and Róbert ...
Hungarian National Restaurant Week, 12 - 18 October
- 24 Sep 2015 9:00 AM
- food & drink
This autumn our guests have a chance to get acquainted with more than 100 middle and upper-class restaurants and their cuisines at the 9th National Restaurant Week from 12th to the 18th October. Guests pre-booking on www.etteremhet.hu can dine for a mere 3,300 HUF (service fee included). You are free to choose the restaurant or the meal (lunch or dinner) from the list available on the website.