Government to levy taxes on soap and shampoo

Telco

The government's plan to tax “other chemical products” in 2015 means that Hungarians might face price increases on soap, shampoo, washing powder, cosmetics, deodorants, air fresheners and even artificial flowers, Hungarian online daily Világgazdaság reported today. 

The prices of soaps and washing powders would increase HUF 11 per kilogram, cosmetics and beauty products would grow by HUF 57 per kilogram and office paper would increase by HUF 19 per kilogram, according to the report. The price of artificial flowers would grow by HUF 1,900 per kilogram, which could result in their disappearance from the market, according to the paper.

ADVERTISEMENT

Grain Growers' Call for Assistance Brushed off in Brussels Crops

Grain Growers' Call for Assistance Brushed off in Brussels

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

Estonian Retail Sales Drop in December  Retail

Estonian Retail Sales Drop in December 

Social Media Awareness Rising in Hungary Social

Social Media Awareness Rising in Hungary

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.