Banking

Banking

Hungarian government agrees to raise minimum wage

The Hungarian government is reported to have reached an agreement with employers and unions today on planned increases to minimum...

Banking

Hungary eyes 9% flat corporate tax

Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán...

Banking

Gov’t decree clarifies subsidies for installing e-tills

The Hungarian government will provide a HUF 50,000 subsidy per electronic till to be installed at companies with annual revenues...

Banking

Gov’t proposes raising minimum wage, cutting payroll taxes

The Hungarian government is proposing a 15% raise in the minimum wage of unskilled workers for next year and a...

Banking

EC finds Hungary’s ad tax breaches EU rules

The European Commission has found that the progressive nature of Hungary’s advertisement tax rates grant a selective advantage to certain...

Banking

Gov’t to consult broadly before cutting payroll taxes

The Hungarian government is planning to consult with a broader range of partners than previously planned ahead of cutting payroll...

Banking

Varga submits bill to reduce ‘tax bureaucracy’

Aiming to reduce "tax bureaucracy" in Hungary, a bill was submitted to Parliament last Friday by Minister for National Economy...

Banking

Hungarians’ personal income up almost 7%, tax office data show

Hungarians’ʼ personal income rose 6.7% to HUF 10.065 billion last year, data from the National Tax and Customs Authority (NAV)...

Banking

Deloitte Hungary names new director

Zoltán Pankucsi (pictured) has been named director at Deloitte Hungary’s office, taking effect from September, supporting the tax consultancy of...

Banking

Subsidies for vending machine operators

The Hungarian government is allocating more than HUF 2 billion in subsidies to vending machine operators to comply with reporting...

Banking

Cigarette prices to be hiked from Thursday

Based on a new law on excise tax adopted by Hungarian lawmakers in June, the excise tax on tobacco products...

Banking

Economy Ministry mulls payroll tax reduction

Hungaryʼs Ministry for National Economy is weighing a possible reduction in payroll taxes, Economy Minister Mihály Varga was quoted as...

Banking

Analyst: Soaring employment fuelled surprise budget surplus

Tightening employment and improving wages helped the government end the first quarter with a budget surplus, an unprecedented event in...

Banking

EC: Hungary canʼt implement supermarket, tobacco taxes

Hungary’s proposed supermarket oversight fee and tobacco tax, both based on a progressive rate tied to turnover, are in breach...

Banking

Government deficit reaches HUF 13.2 bln in May, 1.7% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 13.2 billion at the end of May, the National Economy Ministry...

Banking

Hungarian government agrees to raise minimum wage

The Hungarian government is reported to have reached an agreement with employers and unions today on planned increases to minimum...

Banking

Hungary eyes 9% flat corporate tax

Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán...

Banking

Gov’t decree clarifies subsidies for installing e-tills

The Hungarian government will provide a HUF 50,000 subsidy per electronic till to be installed at companies with annual revenues...

Banking

Gov’t proposes raising minimum wage, cutting payroll taxes

The Hungarian government is proposing a 15% raise in the minimum wage of unskilled workers for next year and a...

Banking

EC finds Hungary’s ad tax breaches EU rules

The European Commission has found that the progressive nature of Hungary’s advertisement tax rates grant a selective advantage to certain...

Banking

Gov’t to consult broadly before cutting payroll taxes

The Hungarian government is planning to consult with a broader range of partners than previously planned ahead of cutting payroll...

Banking

Varga submits bill to reduce ‘tax bureaucracy’

Aiming to reduce "tax bureaucracy" in Hungary, a bill was submitted to Parliament last Friday by Minister for National Economy...

Banking

Hungarians’ personal income up almost 7%, tax office data show

Hungarians’ʼ personal income rose 6.7% to HUF 10.065 billion last year, data from the National Tax and Customs Authority (NAV)...

Banking

Deloitte Hungary names new director

Zoltán Pankucsi (pictured) has been named director at Deloitte Hungary’s office, taking effect from September, supporting the tax consultancy of...

Banking

Subsidies for vending machine operators

The Hungarian government is allocating more than HUF 2 billion in subsidies to vending machine operators to comply with reporting...

Banking

Cigarette prices to be hiked from Thursday

Based on a new law on excise tax adopted by Hungarian lawmakers in June, the excise tax on tobacco products...

Banking

Economy Ministry mulls payroll tax reduction

Hungaryʼs Ministry for National Economy is weighing a possible reduction in payroll taxes, Economy Minister Mihály Varga was quoted as...

Banking

Analyst: Soaring employment fuelled surprise budget surplus

Tightening employment and improving wages helped the government end the first quarter with a budget surplus, an unprecedented event in...

Banking

EC: Hungary canʼt implement supermarket, tobacco taxes

Hungary’s proposed supermarket oversight fee and tobacco tax, both based on a progressive rate tied to turnover, are in breach...

Banking

Government deficit reaches HUF 13.2 bln in May, 1.7% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 13.2 billion at the end of May, the National Economy Ministry...

Hungarian government agrees to raise minimum wage

The Hungarian government is reported to have reached an agreement with employers and unions today on planned increases to minimum...

Hungary eyes 9% flat corporate tax

Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán...

Gov’t decree clarifies subsidies for installing e-tills

The Hungarian government will provide a HUF 50,000 subsidy per electronic till to be installed at companies with annual revenues...

Gov’t proposes raising minimum wage, cutting payroll taxes

The Hungarian government is proposing a 15% raise in the minimum wage of unskilled workers for next year and a...

EC finds Hungary’s ad tax breaches EU rules

The European Commission has found that the progressive nature of Hungary’s advertisement tax rates grant a selective advantage to certain...

Gov’t to consult broadly before cutting payroll taxes

The Hungarian government is planning to consult with a broader range of partners than previously planned ahead of cutting payroll...

Varga submits bill to reduce ‘tax bureaucracy’

Aiming to reduce "tax bureaucracy" in Hungary, a bill was submitted to Parliament last Friday by Minister for National Economy...

Hungarians’ personal income up almost 7%, tax office data show

Hungarians’ʼ personal income rose 6.7% to HUF 10.065 billion last year, data from the National Tax and Customs Authority (NAV)...

Deloitte Hungary names new director

Zoltán Pankucsi (pictured) has been named director at Deloitte Hungary’s office, taking effect from September, supporting the tax consultancy of...

Subsidies for vending machine operators

The Hungarian government is allocating more than HUF 2 billion in subsidies to vending machine operators to comply with reporting...

Cigarette prices to be hiked from Thursday

Based on a new law on excise tax adopted by Hungarian lawmakers in June, the excise tax on tobacco products...

Economy Ministry mulls payroll tax reduction

Hungaryʼs Ministry for National Economy is weighing a possible reduction in payroll taxes, Economy Minister Mihály Varga was quoted as...

Analyst: Soaring employment fuelled surprise budget surplus

Tightening employment and improving wages helped the government end the first quarter with a budget surplus, an unprecedented event in...

EC: Hungary canʼt implement supermarket, tobacco taxes

Hungary’s proposed supermarket oversight fee and tobacco tax, both based on a progressive rate tied to turnover, are in breach...

Government deficit reaches HUF 13.2 bln in May, 1.7% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 13.2 billion at the end of May, the National Economy Ministry...