Income tax contributions to charities, churches fall to 1.8 million in 2018

Taxpayers in Hungary opted to give one percent of their personal income tax to churches or charities 1.8 million times last year, down from 2.2 million in 2015, business daily Világgazdaság said on Tuesday, citing data from the National Tax Authority (NAV).

Taxpayers in Hungary may opt to donate one percent of their income tax to a single charity and another one percent to a church or state-funded organisation, such as the National Talent Programme.

The number of contributions made last year is well under the 5.1 million Hungarians who had to pay a personal income tax, Világgazdaság noted.

Just under one million personal tax contributions were made to churches. Among charities, ones that help children and rescue animals drew the most contributions.

Taxpayers could choose to contribute to 31 churches and 27,079 charities last year.

Source: mti

Leave a Reply

Your email address will not be published. Required fields are marked *