Minister of Finance Mihály Varga

Speaking after a meeting of MKIKʼs leaders, Varga said the chamber had made proposals that aim to eliminate elements of KATA that hurt competitiveness as well as to prevent abuses in the area of employment using the tax form.

Businesses that opt for KATA pay a flat monthly HUF 50,000 instead of corporate or payroll tax. The annual revenue threshold for KATA companies is HUF 12 million.