Just over half of economically active Hungarians pay personal income tax
About 65% of economically active Hungarians between the ages of 15 and 64 submitted a personal income tax return for 2010, but just 51% paid any tax, daily Magyar Nemzet said on Thursday, citing data from the National Tax and Customs Office (NAV).
Of the 6.9m economically active Hungarians, 4.5m submitted personal income tax returns and 3.5m paid tax, the paper said.
The data show about 1.26m Hungarians earned the minimum wage last year, but NAV noted that just 434,000 had steady pay, while the rest were seasonal laborers or had other sources of income.
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.