Hungarian government prioritises family support, plans major tax relief boost
The government is on the side of families and wants to strengthen them, rather than migration, Balázs Hankó, the minister of culture and innovation, said on commercial channel TV2 on Friday.
Hankó said it was important to reaffirm this with the National Consultation public survey and the support of Hungarians.
He noted that the government has passed thirty family policy measures since 2010, leaving HUF 3,600 billion (EUR 8.8 billion) with families through the family tax relief alone. The government plans to double this tax relief in two steps, in the summer of 2025 and at the beginning of 2026, he added. This would increase the tax relief to 200,000 forints for a family with three children, Hankó said.
The family policy measures passed by the government in recent years have made Hungary a family-friendly nation, and “this is recognised in Europe and across the world”, he said.
Hankó said the government respected the elderly and guaranteed their financial security by maintaining the 13th-month pension. He also mentioned the blue-collar credit scheme due to be introduced from next year.
“If [the National Consultation] receives sufficient support, we’ll be able to say that it is not the government that Brussels has a disagreement with, but the Hungarian nation,” Hankó said.
Read also:
- Dramatic fall in the number of births in Hungary
- Tax changes in 2025 in Hungary: Airbnb tax skyrockets, currency conversion fee remains, plane tickets may be cheaper
Featured image: depositphotos.com
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1 Comment
For the visually inclined: “How Orban’s “Pro-Baby” Policies are Bankrupting Hungary”
https://www.youtube.com/watch?v=DUPH2n3g5bg&t=38s
Or just read the Financial Times article:
https://www.ft.com/content/3ea257fd-e8ef-4f05-9b89-c9a03ea72af5