137 result(s) for vat cut
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
CIB Group Expects Further Recovery On Hungarian Property Market
- 30 Mar 2016 9:00 AM
- property
Due to a favorable investment environment combined with certain governmental stimulants, further recovery is expected on the Hungarian property market, CIB Group said today in a press statement.
Hungary May Turn To EU For Lower VAT On Internet
- 5 Mar 2016 8:00 AM
- tech
Hungary may turn to Brussels asking reduction of the value added tax on internet services, the government commissioner in charge of internet programmes said on Friday. Tamás Deutsch said in the online edition of daily Magyar Idők that Hungary’s government decided to cut the VAT on internet services from 27 percent to 18 percent as of January, 2017.
Simplicity & Elegance, Kitchen Show, Budapest Sportaréna, 4 - 6 March
- 2 Mar 2016 8:04 AM
- shopping
Spoil your senses at Kitchen Show 2016. Kitchen Show 2016 on the first weekend of March is offering novel and elegant furniture, machinery and equipment solutions to those looking to make their home cooking experience better. The organizers hope that it will be here that visitors will find the kitchen equipment that they desperately need before a redesign - or just to make cooking at home more ...
Opposition Criticises Orbán’s Opening Of Spring Session Of Parlt
- 16 Feb 2016 8:00 AM
- current affairs
The leaders of opposition parties criticised Prime Minister Viktor Orbán’s Monday address in parliament, in which he ordered further border protection from migration and said a middle-class standard of living can be established in the country this year.
Report: VAT Decrease On Pork Causes Panic In Poultry Sector
- 3 Feb 2016 8:00 AM
- shopping
Hungary’s poultry producers are in a panic as the cut to the VAT rate on pork from 27% to 5% as of January 1 has led to a significant drop in demand for poultry meat, and other food sectors are lobbying for similar VAT decreases, Hungarian economic daily Világgazdaság reported today.
Construction Materials Market Expects Boom In Wake Of VAT Cut
- 30 Jan 2016 8:00 AM
- shopping
Hungary’s recent cutting the VAT on construction from 27% to 5 will result in “another boom” in the materials market, daily Magyar Idők said. The paper added, however, that a lack of skilled labour in construction could have negative impacts. Győző Vidor, head of the national construction materials federation (Méasz), said that the VAT cut may take another year to have spectacular results.
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
CIB Group Expects Further Recovery On Hungarian Property Market
- 30 Mar 2016 9:00 AM
- property
Due to a favorable investment environment combined with certain governmental stimulants, further recovery is expected on the Hungarian property market, CIB Group said today in a press statement.
Hungary May Turn To EU For Lower VAT On Internet
- 5 Mar 2016 8:00 AM
- tech
Hungary may turn to Brussels asking reduction of the value added tax on internet services, the government commissioner in charge of internet programmes said on Friday. Tamás Deutsch said in the online edition of daily Magyar Idők that Hungary’s government decided to cut the VAT on internet services from 27 percent to 18 percent as of January, 2017.
Simplicity & Elegance, Kitchen Show, Budapest Sportaréna, 4 - 6 March
- 2 Mar 2016 8:04 AM
- shopping
Spoil your senses at Kitchen Show 2016. Kitchen Show 2016 on the first weekend of March is offering novel and elegant furniture, machinery and equipment solutions to those looking to make their home cooking experience better. The organizers hope that it will be here that visitors will find the kitchen equipment that they desperately need before a redesign - or just to make cooking at home more ...
Opposition Criticises Orbán’s Opening Of Spring Session Of Parlt
- 16 Feb 2016 8:00 AM
- current affairs
The leaders of opposition parties criticised Prime Minister Viktor Orbán’s Monday address in parliament, in which he ordered further border protection from migration and said a middle-class standard of living can be established in the country this year.
Report: VAT Decrease On Pork Causes Panic In Poultry Sector
- 3 Feb 2016 8:00 AM
- shopping
Hungary’s poultry producers are in a panic as the cut to the VAT rate on pork from 27% to 5% as of January 1 has led to a significant drop in demand for poultry meat, and other food sectors are lobbying for similar VAT decreases, Hungarian economic daily Világgazdaság reported today.
Construction Materials Market Expects Boom In Wake Of VAT Cut
- 30 Jan 2016 8:00 AM
- shopping
Hungary’s recent cutting the VAT on construction from 27% to 5 will result in “another boom” in the materials market, daily Magyar Idők said. The paper added, however, that a lack of skilled labour in construction could have negative impacts. Győző Vidor, head of the national construction materials federation (Méasz), said that the VAT cut may take another year to have spectacular results.














