467 result(s) for tax cut
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Backing Up: Why You Should Be Doing It
- 19 Dec 2016 7:00 AM
- tech
By Notebookspecialista: As children, our parents try to instil in us the lesson "a smart person learns from other people's mistakes". The wisdom is likely to slip our minds, though, especially when we're supposed to go that extra mile to ensure that our data is safe. Yet no doubt, we're living in dangerous times: Facebook is often overrun by ransomware, so you may be one careless click away from ...
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Opinion: PM Orbán Announces Pension Hikes
- 3 Dec 2016 7:00 AM
- current affairs
A pro-government columnist welcomes the Prime Minister’s decision to increase pensions. A left-wing commentator, on the other hand, accuses the government of vote hunting.
Hungary Jobless Rate Drops, More People Finding Entry Into Labour Market From Fostered Jobs Schemes
- 30 Nov 2016 10:11 AM
- current affairs
Hungary’s rolling average three-month jobless rate reached 4.7 percent in August-October, dropping from 4.9 percent in the previous month and 6.4 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Tuesday.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Backing Up: Why You Should Be Doing It
- 19 Dec 2016 7:00 AM
- tech
By Notebookspecialista: As children, our parents try to instil in us the lesson "a smart person learns from other people's mistakes". The wisdom is likely to slip our minds, though, especially when we're supposed to go that extra mile to ensure that our data is safe. Yet no doubt, we're living in dangerous times: Facebook is often overrun by ransomware, so you may be one careless click away from ...
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Opinion: PM Orbán Announces Pension Hikes
- 3 Dec 2016 7:00 AM
- current affairs
A pro-government columnist welcomes the Prime Minister’s decision to increase pensions. A left-wing commentator, on the other hand, accuses the government of vote hunting.
Hungary Jobless Rate Drops, More People Finding Entry Into Labour Market From Fostered Jobs Schemes
- 30 Nov 2016 10:11 AM
- current affairs
Hungary’s rolling average three-month jobless rate reached 4.7 percent in August-October, dropping from 4.9 percent in the previous month and 6.4 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Tuesday.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.