150 result(s) for vat rate
Socialists VAT Petition Drive Approved In Hungary
- 3 Apr 2013 9:00 AM
- business
The signature sheets of the Socialist Party’s petition drive to reduce VAT were distributed to constituency officials a few days ago, Népszabadság reports. Deputy caucus leader Zoltán Lukács told the newspaper that as the governing party would not even approve their proposal to lower the VAT on food items from 27% to 5% for debate in Parliament, they will now turn to ordinary people.
Budapest Public Transport Tickets & Passes Available In 2013
- 11 Jan 2013 8:00 AM
- getting around
BKK, the transport-organising authority of Budapest is introducing new types of passes and travelcards this year in order to ensure a more cost-efficient and convenient travel experience for our customers. The prices of tickets and passes are increasing in line with inflation, but the price of student and pensioner passes remains the same in 2013.
Details of 2013 Tax Changes In Hungary
- 20 Dec 2012 8:00 AM
- specials
Colling Kft have summarised the modifications, which mostly impact the small- and medium-sized enterprises, appearing in the taxation acts adopted on 19 November 2012 and in the Act on the laws related to the taxation acts; of these we would like to highlight the new tax types supporting the small enterprises, the truly single-rate income tax, the slightly more expensive, but more transparent ...
Xpat Opinion: Not Only The University Students Are Unhappy In Hungary
- 12 Dec 2012 12:00 AM
- current affairs
Already yesterday news leaked out from government circles that taking on the university students might not have been the brightest idea. Even Zsolt Bayer warned the government that it must take the students seriously because otherwise “we might be swept away.” Orbán and his old college friends who run the country nowadays should know the strength of a student revolt, he warned. It’s enough to ...
Study Uncovers Massive Tax Evasion In Food Retail In Hungary
- 20 Sep 2012 9:02 AM
- shopping
Tax dodging in the food retail industry costs the state Ft 130 billion in lost taxes every year, according to a study by Ernst & Young. The most common method of evading taxes is the practice of “fake exporting,” said Ernst & Young tax expert Tamás Vékási. In such schemes, the products leave Hungary only on paper, as VAT does not have to be paid in Hungary on products exported within the EU.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Special Conference Packages At Ramada Plaza Budapest
- 7 Jun 2012 9:00 AM
- specials
Live kitchen show during the daily buffet in Ramada Plaza Budapest. Come and enjoy our gourmet cuisine in a gourgeous atmosphere during your business lunch. MICE offer for the summer and autumn 2012.
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
Socialists VAT Petition Drive Approved In Hungary
- 3 Apr 2013 9:00 AM
- business
The signature sheets of the Socialist Party’s petition drive to reduce VAT were distributed to constituency officials a few days ago, Népszabadság reports. Deputy caucus leader Zoltán Lukács told the newspaper that as the governing party would not even approve their proposal to lower the VAT on food items from 27% to 5% for debate in Parliament, they will now turn to ordinary people.
Budapest Public Transport Tickets & Passes Available In 2013
- 11 Jan 2013 8:00 AM
- getting around
BKK, the transport-organising authority of Budapest is introducing new types of passes and travelcards this year in order to ensure a more cost-efficient and convenient travel experience for our customers. The prices of tickets and passes are increasing in line with inflation, but the price of student and pensioner passes remains the same in 2013.
Details of 2013 Tax Changes In Hungary
- 20 Dec 2012 8:00 AM
- specials
Colling Kft have summarised the modifications, which mostly impact the small- and medium-sized enterprises, appearing in the taxation acts adopted on 19 November 2012 and in the Act on the laws related to the taxation acts; of these we would like to highlight the new tax types supporting the small enterprises, the truly single-rate income tax, the slightly more expensive, but more transparent ...
Xpat Opinion: Not Only The University Students Are Unhappy In Hungary
- 12 Dec 2012 12:00 AM
- current affairs
Already yesterday news leaked out from government circles that taking on the university students might not have been the brightest idea. Even Zsolt Bayer warned the government that it must take the students seriously because otherwise “we might be swept away.” Orbán and his old college friends who run the country nowadays should know the strength of a student revolt, he warned. It’s enough to ...
Study Uncovers Massive Tax Evasion In Food Retail In Hungary
- 20 Sep 2012 9:02 AM
- shopping
Tax dodging in the food retail industry costs the state Ft 130 billion in lost taxes every year, according to a study by Ernst & Young. The most common method of evading taxes is the practice of “fake exporting,” said Ernst & Young tax expert Tamás Vékási. In such schemes, the products leave Hungary only on paper, as VAT does not have to be paid in Hungary on products exported within the EU.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Special Conference Packages At Ramada Plaza Budapest
- 7 Jun 2012 9:00 AM
- specials
Live kitchen show during the daily buffet in Ramada Plaza Budapest. Come and enjoy our gourmet cuisine in a gourgeous atmosphere during your business lunch. MICE offer for the summer and autumn 2012.
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...