36 result(s) for small business tax in Business
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Will The Real Owner Of Hungary’s TV2 Please Stand Up?
- 17 Oct 2015 4:00 AM
- business
The story of the reported sale of Hungary’s second-largest commercial television station to Hollywood producer and Hungarian casino owner/operator Andy Vajna has just taken a turn for the bizarre. Or rather two turns.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Industry Associations In Hungary Call For Further Consultations On Ad Tax
- 7 May 2015 9:00 AM
- business
Industry associations continue to call for consultations on the tax on advertisements, asking the government to consider abolishing the tax due to its detrimental effect on the economy, the Hungarian Advertising Association said. In consent with another nine organisations, the association said the planned amendment to the ad tax would curb growth opportunities for micro- and small businesses and ...
Revenue Growth At Telenor Hungary
- 24 Jul 2014 1:00 AM
- business
Increasing revenues, growing smartphones sales, continued mobile internet growth characterize Telenor Hungary’s performance in the second quarter of 2014. The number of mobile internet customers increased by 253,000 compared to the same period of last year and the small screen mobile internet subscriber base grew by over 40%. More customers upgraded their subscriptions to unlimited packages and ...
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Will The Real Owner Of Hungary’s TV2 Please Stand Up?
- 17 Oct 2015 4:00 AM
- business
The story of the reported sale of Hungary’s second-largest commercial television station to Hollywood producer and Hungarian casino owner/operator Andy Vajna has just taken a turn for the bizarre. Or rather two turns.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Industry Associations In Hungary Call For Further Consultations On Ad Tax
- 7 May 2015 9:00 AM
- business
Industry associations continue to call for consultations on the tax on advertisements, asking the government to consider abolishing the tax due to its detrimental effect on the economy, the Hungarian Advertising Association said. In consent with another nine organisations, the association said the planned amendment to the ad tax would curb growth opportunities for micro- and small businesses and ...
Revenue Growth At Telenor Hungary
- 24 Jul 2014 1:00 AM
- business
Increasing revenues, growing smartphones sales, continued mobile internet growth characterize Telenor Hungary’s performance in the second quarter of 2014. The number of mobile internet customers increased by 253,000 compared to the same period of last year and the small screen mobile internet subscriber base grew by over 40%. More customers upgraded their subscriptions to unlimited packages and ...
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...