Hungarians' charitable contributions from income tax just over half of possible amount

Banking

Hungarian taxpayers who opted to give part of their personal income tax to charity this year contributed HUF 15.44 billion to worthy causes, 56.8% of the possible total contribution of HUF 27.2 billion, figures from the national tax office NAV show.

A total of 1.9 million taxpayers of the nearly 3.4 million taxpayers who were eligible to contribute 2% of their personal income tax to charity did so this year, NAV reported. About 75.5% of all private individual taxpayers could have contributed the combined amount of over HUF 27 billion this year.

Among civil organisations, most of money went to foundations; among churches, the biggest amount was contributed to the Hungarian Catholic Church.

The money went to 31,468 beneficiaries, including 31,280 civil organisations, 187 churches and one budget-funded organization (the National Talent Program).

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