25 result(s) for vat cut in Business
Audit Office Calls For Further Reduction Of Tax Wedge
- 16 Jan 2018 7:56 AM
- business
Hungary’s tax wedge - a measure of the tax on labour income - could be reduced further, the head of the State Audit Office (ÁSZ) said in an interview published by the daily Magyar Idők.
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Breweries For VAT Cut On Draught Beer
- 16 Mar 2017 8:12 AM
- business
President Attila Schillinger of the Brewery Association and chairman Zsolt Gyenge of the Craft Beer Makers Association have asked Economy Minister Mihály Varga to lower the 27% VAT on draught beer to 18%.
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Audit Office Calls For Further Reduction Of Tax Wedge
- 16 Jan 2018 7:56 AM
- business
Hungary’s tax wedge - a measure of the tax on labour income - could be reduced further, the head of the State Audit Office (ÁSZ) said in an interview published by the daily Magyar Idők.
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Breweries For VAT Cut On Draught Beer
- 16 Mar 2017 8:12 AM
- business
President Attila Schillinger of the Brewery Association and chairman Zsolt Gyenge of the Craft Beer Makers Association have asked Economy Minister Mihály Varga to lower the 27% VAT on draught beer to 18%.
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).