153 result(s) for vat rate
Hungary Has Introduced The Required Measures To Stabilise Food Prices
- 9 Oct 2013 9:00 AM
- shopping
The United Nations' Food and Agriculture Organisation's Committee for World Food Security (CFS) is holding a session in Rome, Italy, on 7-11 October 2013, within the framework of which it has organised a ministerial roundtable on the relationships between international food prices, food price fluctuations and food security.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market
- 29 Jul 2013 9:00 AM
- property
The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.
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 ...
Hungary Has Introduced The Required Measures To Stabilise Food Prices
- 9 Oct 2013 9:00 AM
- shopping
The United Nations' Food and Agriculture Organisation's Committee for World Food Security (CFS) is holding a session in Rome, Italy, on 7-11 October 2013, within the framework of which it has organised a ministerial roundtable on the relationships between international food prices, food price fluctuations and food security.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market
- 29 Jul 2013 9:00 AM
- property
The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.
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 ...