Gov't could cut payroll tax for unskilled workers
The government could reduce the payroll tax rate for unskilled workers from 18% to 27% from 2013, business daily Napi Gazdaság said on Thursday, citing an interview with deputy state secretary of the National Economy Ministry Ádám Balog published in the latest issue of the tax journal Adó Szaklap.
"We are working on the 2013 central budget, including simplifying the taxation of the SME sector," Balog said in the interview. "I expect the [Simplified Business Tax] could also be restructured as part of the taxation of the entire SME sector. Some kind of fixed cost will presumably be part of the new system, but I believe the VAT should be handled separately," he added.
ADVERTISEMENT
CIG Pannónia Board Proposes HUF 18-per-share Dividend
Hungarian Lawmakers Ratify Finland's NATO Accession
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.
