71 result(s) for vat return
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
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.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Budapest Prosecutor Presses Charges In Connection With US Entry Ban
- 21 Dec 2015 8:00 AM
- current affairs
Budapest’s chief prosecutor has raised charges against a suspect believed to have solicited a bribe from US cooking oil producer Bunge in return for influencing Hungarian VAT legislation. Tibor Ibolya said that the suspect known as V.T. had claimed to know Peter Heim, head of Századvég, a think-tank close to the government.
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Xpat Opinion: American-Hungarian Relations Are Crumbling
- 24 Oct 2014 2:40 AM
- current affairs
Let me summarize what we know so far about the U.S. action against certain Hungarian businessmen and government employees. Initially it was reported that ten people were banned from entering the United States, but by now that number has been reduced to six. We definitely know of one businessman who reported on his fate to ATV.
Hungary’s NBH Comments Luxury Office Building Purchase
- 28 Aug 2014 9:00 AM
- property
The National Bank of Hungary (NBH) has purchased the Eiffel Palace office building, located in the centre of Budapest, for EUR 45.3m not including VAT, in order to exploit the advantages from the property investment, the NBH told MTI. The NBH also said the purchase could have a positive effect on the bank’s results.
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
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.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Budapest Prosecutor Presses Charges In Connection With US Entry Ban
- 21 Dec 2015 8:00 AM
- current affairs
Budapest’s chief prosecutor has raised charges against a suspect believed to have solicited a bribe from US cooking oil producer Bunge in return for influencing Hungarian VAT legislation. Tibor Ibolya said that the suspect known as V.T. had claimed to know Peter Heim, head of Századvég, a think-tank close to the government.
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Xpat Opinion: American-Hungarian Relations Are Crumbling
- 24 Oct 2014 2:40 AM
- current affairs
Let me summarize what we know so far about the U.S. action against certain Hungarian businessmen and government employees. Initially it was reported that ten people were banned from entering the United States, but by now that number has been reduced to six. We definitely know of one businessman who reported on his fate to ATV.
Hungary’s NBH Comments Luxury Office Building Purchase
- 28 Aug 2014 9:00 AM
- property
The National Bank of Hungary (NBH) has purchased the Eiffel Palace office building, located in the centre of Budapest, for EUR 45.3m not including VAT, in order to exploit the advantages from the property investment, the NBH told MTI. The NBH also said the purchase could have a positive effect on the bank’s results.














