Gov't Extends PIT Exemption to Mothers Under 30

Government

Hungary's government has extended an exemption from the personal income tax to mothers under the age of 30 in a decree published in the official gazette, Magyar Közlöny, on Wednesday, according to a report by state news wire MTI.

Prime Minister Viktor Orbán had noted a decision on the measure at a year-end press briefing earlier in December. 

Hungary rolled out a PIT exemption that applies to earnings up to the average wage for Hungarians under 25 at the start of 2022. 

Another decree published Wednesday allows mothers under 30 to apply for full student loan forgiveness.

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