128 result(s) for vat cut
Orbán: Clashes With Brussels Expected On Migration & Economic Issues
- 13 Jan 2017 9:00 AM
- current affairs
Further clashes with Brussels are expected this year on issues concerning migration and economic management, Prime Minister Viktor Orbán said in an interview to public radio on Friday. Hungarians should have access to information about all public personalities and their sources of financing, he said.
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).
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Deutsch: Many Will Benefit From Digital Prosperity Programme Next Year
- 10 Nov 2016 8:00 AM
- tech
The government’s digital commissioner, Tamás Deutsch, has said that many Hungarians will benefit from the positive effects of the government’s Digital Prosperity Programme in 2017. He noted that VAT on internet services will be cut from 27% to 18% from January.
Deutsch Insists On Internet VAT Cut
- 7 Sep 2016 9:00 AM
- tech
The government has received the opinion of the European Commission on the planned cut in the VAT on internet services, but the government insists on cutting the VAT from 27% to 18% from January 1, 2017, digital affairs commissioner Tamás Deutsch told Magyar Idõk.
Socialists: Half Of Families Finance Start Of School Year From Credit
- 22 Aug 2016 8:59 AM
- community & culture
More than half of Hungarian households finance the start of the school year using credit, an opposition Socialist politician Ildikó Borbely Bangó told a news conference. Data available show that more than 18% of parents have taken up a loan to pay for the items such as clothing and equipment their children need to start school.
Orbán: Clashes With Brussels Expected On Migration & Economic Issues
- 13 Jan 2017 9:00 AM
- current affairs
Further clashes with Brussels are expected this year on issues concerning migration and economic management, Prime Minister Viktor Orbán said in an interview to public radio on Friday. Hungarians should have access to information about all public personalities and their sources of financing, he said.
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).
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Deutsch: Many Will Benefit From Digital Prosperity Programme Next Year
- 10 Nov 2016 8:00 AM
- tech
The government’s digital commissioner, Tamás Deutsch, has said that many Hungarians will benefit from the positive effects of the government’s Digital Prosperity Programme in 2017. He noted that VAT on internet services will be cut from 27% to 18% from January.
Deutsch Insists On Internet VAT Cut
- 7 Sep 2016 9:00 AM
- tech
The government has received the opinion of the European Commission on the planned cut in the VAT on internet services, but the government insists on cutting the VAT from 27% to 18% from January 1, 2017, digital affairs commissioner Tamás Deutsch told Magyar Idõk.
Socialists: Half Of Families Finance Start Of School Year From Credit
- 22 Aug 2016 8:59 AM
- community & culture
More than half of Hungarian households finance the start of the school year using credit, an opposition Socialist politician Ildikó Borbely Bangó told a news conference. Data available show that more than 18% of parents have taken up a loan to pay for the items such as clothing and equipment their children need to start school.