• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
Coronavirus – Budapest mayor: BKIK against cancelling local business taxCoronavirus – Budapest mayor: BKIK against cancelling local business taxCoronavirus – Budapest mayor: BKIK against cancelling local business taxCoronavirus – Budapest mayor: BKIK against cancelling local business tax
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • The US ambassador harshly attacked the Hungarian government

Support us
Daily News Daily News · 24/11/2020
· News To Go

Coronavirus – Budapest mayor: BKIK against cancelling local business tax

Daily News Hungary economy

Budapest Mayor Gergely Karácsony said on Tuesday that in addition to the metropolitan council, the Budapest Chamber of Commerce and Industry (BKIK) was also against a proposal by MKIK’s head to suspend the payment of local business tax (ipa) to municipalities.

Karácsony said on Facebook that in line with a Tuesday agreement between Budapest and BKIK “the cancellation of ipa is only possible if local municipalities are fully compensated at the same time”. “Any other proposal to the contrary would result in serious problems in providing essential public services,” he added.

Karácsony said they agreed to launch a joint scheme by utilising resources in the Budapest business development public foundation to open a 2.5 billion forint (EUR 6.9m) micro credit line as a swift assistance to small and micro size businesses hit most hard by the pandemic.

Additionally, a voucher scheme will be launched enabling consumers to buy services in advance which will help finance businesses facing difficulties, he said.

The details of the scheme will be prepared jointly, the mayor said.

  • Why it is alarming if trade tax is eliminated in Hungary
curfew-budapest-parliament-hungary-coronavirus
Read alsoCoronavirus – Budapest mayor announces cost-cutting measures

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
Budapest Budapest council economy Hungarian economy Hungary Local governments in Hungary tax/VAT
Share

Hot news

  • Do you want to study in Budapest? These are your best university options

  • Hungarian president: “Sanctions have hurt us more than Russia”

  • What happened today in Hungary? — 8 June, 2023

  • Hungary donates buses to Ukraine

  • Wizz Air performs well, but Ryanair performs even better

  • Hungarians would rather be closer to the Austrians and Germans than to the Russians

Related posts

Heroes' Square
08/06/2023

What happened today in Hungary? — 8 June, 2023


Read more
BKV
08/06/2023

Lightning destroyed a trolleybus in Budapest


Read more
07/06/2023

What happened today in Hungary? — 7 June, 2023


Read more
tornado budapest óbuda
07/06/2023

PHOTOS, VIDEOS: Tornado in Budapest, settlements washed away by heavy rain


Read more

Leave a Reply

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

About us

Contact us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
Do you want to study in Budapest? These are your best university options

Do you want to study in Budapest? These are your best university options

Read More
Hungarian president: “Sanctions have hurt us more than Russia”

Hungarian president: “Sanctions have hurt us more than Russia”

Read More
What happened today in Hungary? — 8 June, 2023

What happened today in Hungary? — 8 June, 2023

Read More
Hungary donates buses to Ukraine

Hungary donates buses to Ukraine

Read More
Wizz Air performs well, but Ryanair performs even better

Wizz Air performs well, but Ryanair performs even better

Read More
Hungarians would rather be closer to the Austrians and Germans than to the Russians

Hungarians would rather be closer to the Austrians and Germans than to the Russians

Read More
You only have to go as far as downtown Budapest to taste authentic Brazilian flavours – A la Gringa

You only have to go as far as downtown Budapest to taste authentic Brazilian flavours – A la Gringa

Read More
Hungarian inflation down but still above 20 percent

Hungarian inflation down but still above 20 percent

Read More
Hungarian battery factory workers fall ill, strike and investigation launched

Hungarian battery factory workers fall ill, strike and investigation launched

Read More
Hungarian FM: Global security at greatest risk in 70 years

Hungarian FM: Global security at greatest risk in 70 years

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?