34 result(s) for reducing vat
Opposition Parties Slam Gov't Supplement To Economic Protection Action Plan
- 21 Dec 2020 8:51 AM
- hungarymatters.hu
- current affairs
A number of opposition parties criticised supplemental measures to the government’s plan to shield the economy from epidemic fallout announced by Prime Minister Viktor Orbán on Saturday.
Hungarian Opposition Party LMP Proposes Reducing VAT On Basic Foodstuffs
- 8 Jun 2020 10:43 AM
- hungarymatters.hu
- shopping
The opposition LMP is proposing the reduction of VAT to 5% on basic foodstuffs, such as fruit, vegetables, dairy products and bakery.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan
- 7 Apr 2020 7:42 AM
- hungarymatters.hu
- current affairs
After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
VAT Cut In Hungary Bad For Revenues
- 13 Oct 2018 8:35 AM
- hungarymatters.hu
- finance
Reducing Hungary’s main VAT rate by two percentage points to 25% would result in “many hundreds of billions of forints” of lost budget revenue, András Tállai, the deputy finance minister, said in an interview published in Friday’s issue of the daily Magyar Idők.
VAT On Internet Services To Drop To 5 % From 2018
- 2 Jan 2018 9:00 AM
- tech
VAT on internet services will continue to drop, from the current 18 percent to 5 percent, from Jan. 1. The economy ministry previously said that the 13 percentage point drop is expected to leave 22 billion forints (EUR 70m) in the pockets of consumers.
Digitalisation A Pathway To Reducing Poverty, Says Hungarian Foreign Minister In NY
- 18 May 2017 9:00 AM
- tech
Digitalisation is not something to be wary of, as it contributes greatly to reducing poverty and improving living conditions, Hungary’s foreign minister said in New York at a UN high-level event on innovation and digital connectivity. Péter Szijjártó said in his address to the meeting on Wednesday afternoon that a new phase of competition was unfolding in the global economy.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
Gyurcsány: New Constitution Needed To Replace Illegitimate Basic Law
- 2 May 2017 10:00 AM
- current affairs
A new constitution confirmed by a referendum, fewer laws requiring two-thirds majority support and increased protection of constitutional rights are needed in Hungary, Ferenc Gyurcsány, head of the opposition Democratic Coalition said on Friday.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Opposition Parties Slam Gov't Supplement To Economic Protection Action Plan
- 21 Dec 2020 8:51 AM
- hungarymatters.hu
- current affairs
A number of opposition parties criticised supplemental measures to the government’s plan to shield the economy from epidemic fallout announced by Prime Minister Viktor Orbán on Saturday.
Hungarian Opposition Party LMP Proposes Reducing VAT On Basic Foodstuffs
- 8 Jun 2020 10:43 AM
- hungarymatters.hu
- shopping
The opposition LMP is proposing the reduction of VAT to 5% on basic foodstuffs, such as fruit, vegetables, dairy products and bakery.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan
- 7 Apr 2020 7:42 AM
- hungarymatters.hu
- current affairs
After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
VAT Cut In Hungary Bad For Revenues
- 13 Oct 2018 8:35 AM
- hungarymatters.hu
- finance
Reducing Hungary’s main VAT rate by two percentage points to 25% would result in “many hundreds of billions of forints” of lost budget revenue, András Tállai, the deputy finance minister, said in an interview published in Friday’s issue of the daily Magyar Idők.
VAT On Internet Services To Drop To 5 % From 2018
- 2 Jan 2018 9:00 AM
- tech
VAT on internet services will continue to drop, from the current 18 percent to 5 percent, from Jan. 1. The economy ministry previously said that the 13 percentage point drop is expected to leave 22 billion forints (EUR 70m) in the pockets of consumers.
Digitalisation A Pathway To Reducing Poverty, Says Hungarian Foreign Minister In NY
- 18 May 2017 9:00 AM
- tech
Digitalisation is not something to be wary of, as it contributes greatly to reducing poverty and improving living conditions, Hungary’s foreign minister said in New York at a UN high-level event on innovation and digital connectivity. Péter Szijjártó said in his address to the meeting on Wednesday afternoon that a new phase of competition was unfolding in the global economy.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
Gyurcsány: New Constitution Needed To Replace Illegitimate Basic Law
- 2 May 2017 10:00 AM
- current affairs
A new constitution confirmed by a referendum, fewer laws requiring two-thirds majority support and increased protection of constitutional rights are needed in Hungary, Ferenc Gyurcsány, head of the opposition Democratic Coalition said on Friday.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.