tax/VAT

04/03/2024

Pricing paradox: Hungarian food costs less abroad – here is why

A curious trend has emerged in the food industry: in many cases, Hungarian-produced food can be bought for a lower price in other European countries, like Germany. What are the reasons behind this phenomenon? #Food #Prices #Germany #EU #Europe
01/03/2024

Hungarian government bond failed as an investment

The government aimed to attract additional funds into government bonds. However, the majority of Hungarians opted for alternative tax-free investment avenues. What do the statistics say about Hungarian savings? #Savings #Government #Bonds
21/01/2024

Hungarian finance minister slammed Budapest leadership for not paying tax

It was "unprecedented" that while Budapest residents and businesses meet their tax obligations, the city's mayor "ignores them", he said #tax #Budapest #government
21/11/2023

Hungarian Parliament votes on tax changes, global minimum tax and other important changes

Parliament today voted on a number of key changes
02/11/2023

Just what we needed: Beloved iconic Hungarian dessert to become cheaper

Do you like Túró Rudi? #túrórudi #dessert #vat #food #chocolate
31/10/2023

Government to continue phasing out sectoral taxes

The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said #tax #government
21/10/2023

Hungary’s budget is in trouble: less income, more expenditure, state unable to save money

The Orbán government, having a supermajority, regularly accepts Hungary's annual budget the year before. But this year, the figures look bad. #budget #economy #government
04/10/2023

Hungary open to new double taxation avoidance treaty with US

The US has terminated the double taxation treaty between it and Hungary back in February. #unitedstates #taxation #economy
02/10/2023

Economic development minister: Hungarian central bank is operating in cyclops mode

"The central bank is operating in cyclops mode, let's hope it doesn't go blind"
02/10/2023

Hungarian tax system remain competitive despite global minimum tax?

Hungary must incorporate the GMT into its legal system by January 1, 2024, but...
26/08/2023

Significantly higher fuel prices expected from next January

Fuel prices will be significantly higher from next January in Hungary thanks to a tax modification - here is what to expect #fuel #economy #transport #travel #tourism #traffic
25/08/2023

Changes in Government Taxes, Hungary 2023

The Hungarian parliament enacted the Autumn Tax Package towards the end of 2022.
30/07/2023

Hungarian government plans tax cuts

Despite the war, Hungary's government is planning to introduce further tax cuts for SMEs, the finance minister said on Friday #Hungary #tax #economy
05/07/2023

Hungarian Parliament passes 2024 tax laws, elects 4 constitutional court judges

Despite a difficult economic situation in Hungary, the government will implement further tax cuts next year, the finance ministry said. #hungary #dailynewshungary #finance #tax #court
04/07/2023

Government official: Brussels decided excise tax of fuels must be raised in Hungary

András Tállai points the finger at Brussels over the excise duty on fuels, but he fails to mention the weakening of the forint. #hungary #dailynewshungary #fuel #brussels
12/06/2023

“Revenge law” for teachers: Orbán cabinet proposes an extraordinary session of Parliament for Friday

Teachers are organising a demonstration on Friday to protest against the "revenge law"
06/06/2023

Breaking: Fuel tax to be increased in Hungary

A steep excise tax hike is expected to come next year. What does this mean, how much more expensive will fuel get because of this? One […]
05/06/2023

Drug tax increased, medicines to disappear from Hungarian pharmacies

By issuing a new decree, the Hungarian government increased the drug tax significantly. This new regulation could result in serious medicine shortages.
01/06/2023

Radical decisions taken by the Hungarian government overnight

New tax, binding letter to banks and extra profit tax to stay..... #DailyNewsHungary #Hungary #HungarianGovernment
19/05/2023

Hungarian government to remove special taxes in 2024

The government is planning to remove the "extra tax burdens" on the banking sector next year. #hungary #dailynewshungary #bank #tax #government