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133 result(s) for vat cut

Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

The restrictions on gatherings and the cancellation of festivals is expected to cost the economy Ft 80 billion, Hungarian Festival Association (MFSZ) chairman István Márta told business daily Világgazdaság.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
VAT Cut Suggested On Home Food Deliveries In Hungary

VAT Cut Suggested On Home Food Deliveries In Hungary

Food delivery company Wolt is asking Finance Minister Mihály Varga to cut the 27% VAT on take-away food provided by restaurants to 5%, which is the rate for eating-in, the home delivery food service company said on Thursday.
Tax Burden To Decrease Further In Hungary

Tax Burden To Decrease Further In Hungary

The government has managed to simultaneously reduce the tax burden while increasing revenues this year, and this additional money is being ploughed into new measures under the family protection action plan as well providing coverage for new tax cuts, a finance ministry official has said in an interview.
EC Raises Hungary GDP Growth Projections

EC Raises Hungary GDP Growth Projections

The European Commission raised its projections for Hungary’s GDP this year and next to 4.3% and 3.4%, respectively, in a biannual forecast.
Hungarian Disaster Management Authority Takes Over Waste Collection

Hungarian Disaster Management Authority Takes Over Waste Collection

The disaster management authority took over the coordination of waste management in 116 villages in the central and northern Hungarian counties of Pest and Nógrád, a state secretary of the interior ministry said.
Colling Accounting: Changes To Tax Legislation In 2018-19

Colling Accounting: Changes To Tax Legislation In 2018-19

  • 18 Oct 2018 12:51 PM
  • specials
The legislator has decided to implement some changes to tax legislation with a view to simplification. Unfortunately, “cafeteria” (employee benefit) plans are the victims of this simplification.
VAT Cut In Hungary Bad For Revenues

VAT Cut In Hungary Bad For Revenues

Reducing Hungary’s main VAT rate by two percentage points to 25% would result in “many hundreds of billions of forints” of lost budget revenue, András Tállai, the deputy finance minister, said in an interview published in Friday’s issue of the daily Magyar Idők.
PM’s Office: Tax Cuts To Continue

PM’s Office: Tax Cuts To Continue

The government will continue cutting taxes, Gergely Gulyás, head of the Prime Minister’s Office, told a regular press conference.
Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

The restrictions on gatherings and the cancellation of festivals is expected to cost the economy Ft 80 billion, Hungarian Festival Association (MFSZ) chairman István Márta told business daily Világgazdaság.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
VAT Cut Suggested On Home Food Deliveries In Hungary

VAT Cut Suggested On Home Food Deliveries In Hungary

Food delivery company Wolt is asking Finance Minister Mihály Varga to cut the 27% VAT on take-away food provided by restaurants to 5%, which is the rate for eating-in, the home delivery food service company said on Thursday.
Tax Burden To Decrease Further In Hungary

Tax Burden To Decrease Further In Hungary

The government has managed to simultaneously reduce the tax burden while increasing revenues this year, and this additional money is being ploughed into new measures under the family protection action plan as well providing coverage for new tax cuts, a finance ministry official has said in an interview.
EC Raises Hungary GDP Growth Projections

EC Raises Hungary GDP Growth Projections

The European Commission raised its projections for Hungary’s GDP this year and next to 4.3% and 3.4%, respectively, in a biannual forecast.
Hungarian Disaster Management Authority Takes Over Waste Collection

Hungarian Disaster Management Authority Takes Over Waste Collection

The disaster management authority took over the coordination of waste management in 116 villages in the central and northern Hungarian counties of Pest and Nógrád, a state secretary of the interior ministry said.
Colling Accounting: Changes To Tax Legislation In 2018-19

Colling Accounting: Changes To Tax Legislation In 2018-19

  • 18 Oct 2018 12:51 PM
  • specials
The legislator has decided to implement some changes to tax legislation with a view to simplification. Unfortunately, “cafeteria” (employee benefit) plans are the victims of this simplification.
VAT Cut In Hungary Bad For Revenues

VAT Cut In Hungary Bad For Revenues

Reducing Hungary’s main VAT rate by two percentage points to 25% would result in “many hundreds of billions of forints” of lost budget revenue, András Tállai, the deputy finance minister, said in an interview published in Friday’s issue of the daily Magyar Idők.
PM’s Office: Tax Cuts To Continue

PM’s Office: Tax Cuts To Continue

The government will continue cutting taxes, Gergely Gulyás, head of the Prime Minister’s Office, told a regular press conference.