MKIK proposes raising the threshold to HUF 20 mln in 2026, HUF 22 mln in 2027 and HUF 24 mln in 2028.

The measure would expand the number of small businesses eligible for VAT exemption to to 28,000 by 2028, the chamber said.

MKIK is also proposing the introduction of two additional itemised tax thresholds for small businesses, HUF 75,000 and HUF 100,000, to complement the existing HUF 50,000 one.

Representatives of MKIK held talks with National Economy Minister Márton Nagy a week earlier.