• 22 Nov 2024

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118 result(s) for tax cut in Business

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
Opposition Demands Gov't Drop Vodafone Hungary Purchase Plans

Opposition Demands Gov't Drop Vodafone Hungary Purchase Plans

The opposition Socialist Party has called on the government to abandon its plans to buy a minority stake in telecom company Vodafone and “spend the sum on the Hungarian people instead”.
Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary ranks 39th on the list of the world’s most competitive economies, up three places from last year, Finance Minister Mihály Varga said on Monday, citing information from Swiss competitiveness research institute IMD.
Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

The government’s 23 billion forint (EUR 61.7m) adjustment reserve for companies harmed by Brexit supports 63 companies, Péter Szijjártó, the minister of foreign affairs and trade, said, handing the support certification to Rovitex Homedeco.
Gov't to Postpone Projects, Increase Reserves, Finance Ministry Confirmed

Gov't to Postpone Projects, Increase Reserves, Finance Ministry Confirmed

The government has decided to postpone some development projects and increase the central budget’s 2021 reserves by a total 350 billion forints (EUR 958m), the finance ministry has said.
Brussels 'Planning to Interfere' With Member State Taxation Policy, Says Hungarian Finance Minister

Brussels 'Planning to Interfere' With Member State Taxation Policy, Says Hungarian Finance Minister

Hungary aims to continue cutting taxes as a means to restart the economy after the coronavirus pandemic and will not support measures interfering with member states’ taxation policy, Finance Minister Mihály Varga said in Brussels on Tuesday.
Hungary Economy Back at Pre-Pandemic Levels, Says Szijjártó

Hungary Economy Back at Pre-Pandemic Levels, Says Szijjártó

A year and a half after the first outbreak of the coronavirus pandemic, Hungary’s economic output has returned to pre-pandemic levels, Péter Szijjártó, the minister of foreign affairs and trade, said on Thursday.
Jobless Rate 4% in June

Jobless Rate 4% in June

Hungary’s jobless rate was 4% in June, up from 3.9% in the previous month, the Central Statistical Office (KSH) said.
HUF 53 Billion Expansion by LEGO

HUF 53 Billion Expansion by LEGO

Danish toy manufacturer Lego is investing 53 billion forints (EUR 149.6m) to expand its plant in Nyíregyháza, in northeast Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said.
Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
Opposition Demands Gov't Drop Vodafone Hungary Purchase Plans

Opposition Demands Gov't Drop Vodafone Hungary Purchase Plans

The opposition Socialist Party has called on the government to abandon its plans to buy a minority stake in telecom company Vodafone and “spend the sum on the Hungarian people instead”.
Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary ranks 39th on the list of the world’s most competitive economies, up three places from last year, Finance Minister Mihály Varga said on Monday, citing information from Swiss competitiveness research institute IMD.
Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

The government’s 23 billion forint (EUR 61.7m) adjustment reserve for companies harmed by Brexit supports 63 companies, Péter Szijjártó, the minister of foreign affairs and trade, said, handing the support certification to Rovitex Homedeco.
Gov't to Postpone Projects, Increase Reserves, Finance Ministry Confirmed

Gov't to Postpone Projects, Increase Reserves, Finance Ministry Confirmed

The government has decided to postpone some development projects and increase the central budget’s 2021 reserves by a total 350 billion forints (EUR 958m), the finance ministry has said.
Brussels 'Planning to Interfere' With Member State Taxation Policy, Says Hungarian Finance Minister

Brussels 'Planning to Interfere' With Member State Taxation Policy, Says Hungarian Finance Minister

Hungary aims to continue cutting taxes as a means to restart the economy after the coronavirus pandemic and will not support measures interfering with member states’ taxation policy, Finance Minister Mihály Varga said in Brussels on Tuesday.
Hungary Economy Back at Pre-Pandemic Levels, Says Szijjártó

Hungary Economy Back at Pre-Pandemic Levels, Says Szijjártó

A year and a half after the first outbreak of the coronavirus pandemic, Hungary’s economic output has returned to pre-pandemic levels, Péter Szijjártó, the minister of foreign affairs and trade, said on Thursday.
Jobless Rate 4% in June

Jobless Rate 4% in June

Hungary’s jobless rate was 4% in June, up from 3.9% in the previous month, the Central Statistical Office (KSH) said.
HUF 53 Billion Expansion by LEGO

HUF 53 Billion Expansion by LEGO

Danish toy manufacturer Lego is investing 53 billion forints (EUR 149.6m) to expand its plant in Nyíregyháza, in northeast Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said.