Voucher tax rates ro remain unchanged up to HUF 200,000

Banking

Governing Fidesz-KDNP MPs proposed that tax rates that employers must pay on food vouchers remain unchanged up to HUF 200,000, parliamentary group leader Antal Rogán announced yesterday.

The current tax bill before the Parliament would have increased the tax that employers must pay on food vouchers, which are popular because they are taxed less than wages.

Rogán said the Fidesz-KDNP MPs would propose a bracketed system for taxing the vouchers. The tax preference on the amount of the vouchers exceeding HUF 200,000 would not be as much as initially planned, and the group leader also added that MPs areconsidering to require extra-wage compensation over HUF 200,000 become limited to recreational spending, domestic tourism or warm meals, he added.

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