300 result(s) for tax plans
MOL To Donate USD 8 Million To Hungarian Soccer Association In 2016
- 21 Jan 2016 8:00 AM
- sport
Hungarian national oil and gas company MOL will donate HUF 2 billion (USD 7 million) of pre-tax profits to the Hungarian Soccer Association (MLSZ) in 2016, announced MOL CEO Zsolt Hernádi (left) and MLSZ president Sándor Csányi (right) at a joint press conference on Wednesday afternoon. The money is to be used to develop new players and infrastructure.
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
WJC Welcomes Hungary’s Decision On Hóman Statue
- 18 Dec 2015 8:00 AM
- current affairs
World Jewish Congress head Ronald S Lauder has welcomed Hungarian Prime Minister Viktor Orbán’s recent decision not to use public funds to erect a monument to Horthyera minister Bálint Hóman in Székesfehérvár, in western Hungary. “Orbán’s clear statement on this matter comes very late, but it is nonetheless welcome.
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 ...
Deutsch Submits Proposals On Internet Based On Consultations In Hungary
- 2 Dec 2015 10:00 AM
- tech
Cutting VAT on internet services to 18% and reducing the special tax on telecommunications services are measures included in a draft resolution. The planned measures are based on the results of a national consultation overseen by government commissioner Tamás Deutsch, launched in January 2015 and completed in the autumn. Fully 32,000 people responded to questions concerning internet services in ...
Hungary Plans To Introduce Low-Cost Internet Service
- 12 Nov 2015 12:55 AM
- tech
The government plans to introduce a low-cost basic internet service, drop the VAT on internet services to 18% and develop free Wi-Fi in all towns and villages, daily Magyar Idők said citing anonymous sources close to the government. Based on the findings of a public consultation about the internet and talks with market players, interest representation bodies in the sector and civil organisations, ...
Lázár On Farmland Sales, Tax Reform
- 16 Oct 2015 9:00 AM
- current affairs
Public auctions of state-owned farmland will start on Nov. 16, János Lázár, the government office chief, told a weekly government press briefing. The auctions would be started in six counties. The government wants to get the best price possible for farmland he said, adding that it was inconceivable that sales would go ahead for prices below market value. The Hungarian Development Bank (MFB) has ...
Low Pay Leaves Hungary’s Tax Office NAV Short Of Staff
- 27 Jul 2015 9:00 AM
- current affairs
The Tax and Customs Office (NAV) is suffering an extremely serious shortage of staff, the weekly Figyelõ reports, referring to a NAV document drawn up for the Economy Ministry. The note states that the equivalent of an entire regional office’s staff left the tax authority in the past year. The decline in personnel is said to due to the low salaries, as NAV employees receive Ft 70,000-160,000 less ...
MOL To Donate USD 8 Million To Hungarian Soccer Association In 2016
- 21 Jan 2016 8:00 AM
- sport
Hungarian national oil and gas company MOL will donate HUF 2 billion (USD 7 million) of pre-tax profits to the Hungarian Soccer Association (MLSZ) in 2016, announced MOL CEO Zsolt Hernádi (left) and MLSZ president Sándor Csányi (right) at a joint press conference on Wednesday afternoon. The money is to be used to develop new players and infrastructure.
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
WJC Welcomes Hungary’s Decision On Hóman Statue
- 18 Dec 2015 8:00 AM
- current affairs
World Jewish Congress head Ronald S Lauder has welcomed Hungarian Prime Minister Viktor Orbán’s recent decision not to use public funds to erect a monument to Horthyera minister Bálint Hóman in Székesfehérvár, in western Hungary. “Orbán’s clear statement on this matter comes very late, but it is nonetheless welcome.
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 ...
Deutsch Submits Proposals On Internet Based On Consultations In Hungary
- 2 Dec 2015 10:00 AM
- tech
Cutting VAT on internet services to 18% and reducing the special tax on telecommunications services are measures included in a draft resolution. The planned measures are based on the results of a national consultation overseen by government commissioner Tamás Deutsch, launched in January 2015 and completed in the autumn. Fully 32,000 people responded to questions concerning internet services in ...
Hungary Plans To Introduce Low-Cost Internet Service
- 12 Nov 2015 12:55 AM
- tech
The government plans to introduce a low-cost basic internet service, drop the VAT on internet services to 18% and develop free Wi-Fi in all towns and villages, daily Magyar Idők said citing anonymous sources close to the government. Based on the findings of a public consultation about the internet and talks with market players, interest representation bodies in the sector and civil organisations, ...
Lázár On Farmland Sales, Tax Reform
- 16 Oct 2015 9:00 AM
- current affairs
Public auctions of state-owned farmland will start on Nov. 16, János Lázár, the government office chief, told a weekly government press briefing. The auctions would be started in six counties. The government wants to get the best price possible for farmland he said, adding that it was inconceivable that sales would go ahead for prices below market value. The Hungarian Development Bank (MFB) has ...
Low Pay Leaves Hungary’s Tax Office NAV Short Of Staff
- 27 Jul 2015 9:00 AM
- current affairs
The Tax and Customs Office (NAV) is suffering an extremely serious shortage of staff, the weekly Figyelõ reports, referring to a NAV document drawn up for the Economy Ministry. The note states that the equivalent of an entire regional office’s staff left the tax authority in the past year. The decline in personnel is said to due to the low salaries, as NAV employees receive Ft 70,000-160,000 less ...