Hungarians’ net income is second lowest

Interview

According to Deloitte Hungary, Polish, followed by the Hungarians, would get the lowest net income from a €500 gross wage in the Visegrád Fours. 

Deloitte’s calculations are based on the average wages and salaries, and on the current tax regulations in the Visegrád Fours. Hungarians’ net income from a gross €500 would be at 72.4% and the Polish would get 70.67 % of it, while Czechs would keep 84.42% and Slovakians would keep the most of it: 85.65%. Net income is 57.2% of the gross income in Hungary, 68.35% in Poland, 78% in Slovakia and 79, 79% in the Czech Republic if calculations are based on €1000 gross income. Though there are similar social security liabilities in all the four countries, significant differences are apparent in a comparison owing to differing tax systems. (Gazdasági Rádió, Magyar Hirlap)

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