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tax/VAT
Important
Schengen enlargement: No border controls between Transylvania and Hungary from 1 January
Breaking: Many tax benefits will no longer apply to third-country nationals in Hungary from 2025
SHEIN opens its first Hungarian store in Budapest shopping centre – UPDATED with SHEIN deny
12/12/2024
Hungarian finance minister: AI opens new era in taxation
Artificial intelligence will usher in a new era in taxation, Finance Minister Mihály Varga said at the Tax Administration European Union Summit (TADEUS) in Budapest on Thursday. #taxation #EU #EC #finance
12/12/2024
Business
12/12/2024
Breaking: Many tax benefits will no longer apply to third-country nationals in Hungary from 2025
Hungary's tax laws offer various tax benefits to eligible residents, with significant updates recently affecting third-country nationals. #guestworkers #tax #taxbenefits
12/12/2024
Business
10/12/2024
Hungarian finance minister: Budapest Declaration reaffirms importance of competitiveness
With the approval of the Budapest Declaration on the New European Competitiveness Deal in November, the Hungarian presidency of the Council of the European Union affirmed the importance of competitiveness, Finance Minister Mihály Varga said. #Hungarianpresidency #EU #VAT #budget
10/12/2024
Politics
26/11/2024
Hungarian MPs decide on important tax laws
The amount of family allowance has not changed significantly for a decade and a half, but now...
26/11/2024
Business
24/11/2024
The big showdown: Is life better in Romania than Hungary?
An insightful comparison between Romania and Hungary reveals slight contrasts in quality of life. #Romania #VAT #salary #retirement #airquality #family #unemployment #publicsafety
24/11/2024
Society
19/11/2024
Finance Minister Varga flags continued tax relief
Finance Minister Mihály Varga said tax relief was set to continue next year at a conference organised by the National Tax and Customs Authority (NAV) on Tuesday. #tax #government #financeminister
19/11/2024
Politics
19/11/2024
Capping service fees: A new era for Hungary’s catering industry
The Hungarian Tourism Agency said government proposals on service fees and tips would strengthen the competitiveness of the catering sector in a statement issued on Tuesday. #tax #tipping #servicefees #restaurant #catering
19/11/2024
Business
19/11/2024
Orbán cabinet: Improving competitiveness cornerstone of Hungary’s EU presidency
The Hungarian presidency of the Council of the European Union will continue to make every effort to improve competitiveness, in addition to the results achieved so far with regard to that priority, Finance Minister Mihály Varga said. #EUpresidency #ministryoffinance #EU #competitiveness
19/11/2024
Politics
15/11/2024
Hungarian government to cap catering service fees
The National Economy Ministry said it planned to cap catering service fees and ensure that waitstaff get their tips, tax-free, regardless if paid in cash or by card. #hungariangovernment #tax #tips #money #restaurant #bar
15/11/2024
News To Go
14/11/2024
Hungary’s 2025 budget to focus on housing support, family subsidies, and tax cuts, says minister🔄
Among others, the government will raise the amount of housing support, with tax preferences, that employers may offer their workers. #housing #tax #budget #Parliament #government
14/11/2024
Politics
11/11/2024
How PM Orbán’s tax treaty plans could benefit Hungarian expats in the U.S.
🇭🇺🇺🇸 The new tax treaty could thus ease the financial burden for Hungarians living in the United States, which could benefit foreigners with investments and income abroad ⤵️
11/11/2024
Business
10/11/2024
Food courier crisis in Hungary: Labour shortage and opportunities for foreigners with KATA tax revisions
KATA tax reforms have reshaped Budapest’s food delivery landscape, cutting courier earnings and pushing many to leave or work long, gruelling hours. #Budapest #fooddelivery #couriers #labour #guestworkers
10/11/2024
Business
06/11/2024
Varga: Compromise on VAT in the digital age among successes of Hungarian EU presidency
A compromise reached on a package of legislation on VAT in the digital age is one of the “great successes” of Hungary’s presidency of the Council
[…]
06/11/2024
Business
04/11/2024
How Viktor Orbán’s son-in-law capitalised on tax breaks to dominate Hungary’s rich list!
Hungarian Prime Minister Viktor Orbán's son-in-law has amassed a significant fortune in recent years. What factors have contributed to his remarkable financial success? Check out our article for more details!
04/11/2024
Politics
02/11/2024
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, the minister of culture and innovation said. #family #tax
02/11/2024
Politics
02/11/2024
Tax changes in 2025 in Hungary: Airbnb tax skyrockets, currency conversion fee remains, plane tickets may be cheaper
On 29 October at night, the government submitted their bill about the 2025 tax changes. In a nutshell, the Orbán administration plans to increase the Airbnb tax in Budapest (and only in Budapest) fivefold. Will that ruin the entire sector in the Hungarian capital? Will the hotel lobby win in Budapest? #budapest #tax #tax2025 #taxchanges #taxhungary #orbancabinet
02/11/2024
Society
26/10/2024
Hungary rises in global retirement rankings: Top countries for a happy retirement
In a recent global survey, U.S. News and World Report ranked 89 countries based on where people after retirement can enjoy the most comfortable lifestyles. #retirement #pension #ranking
26/10/2024
Society
25/10/2024
Addressing Budapest’s housing crisis: Proposal to restrict home purchases by non-EU nationals
What do you think – what solutions would best help address Hungary’s housing challenges? Let us know your ideas below! 🏘 #housingcrisis #realestate #Budapest #tax #rent
25/10/2024
Business
17/10/2024
Minister talks about the Hungarian economy’s future: 3-4% GDP growth, SME program, strict rules for Airbnb, rentals
Márton Nagy, Hungary's national economy minister talked about the future of the bright Hungarian economy at the Portfolio Budapest Economic Forum 2024. Do you believe in 3-6% GDP growth? #gdp #hungarianeconomy #orbancabinet #martonnagy #hungariangovernment
17/10/2024
Politics
15/10/2024
Budapest Mayor Karácsony urges Orbán to address housing crisis as rent prices soar – UPDATE
Housing crisis: Hungary has the worst pay/rent ratio in Európában, and this needs to be addressed, but how?
15/10/2024
Business
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From orphanage to Notre Dame: A Hungarian carpenter’s incredible role in the restoration of the cathedral
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Hungarian FM Szijjártó: Hungary, Turkiye outline ‘new strategic milestone’ in bilateral cooperation
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Top Hungary news: SHEIN, tax benefits, HUF 15,000 coin, unhappy Hungarians, 101-year-old grandma, Schengen, passports ranked – 12 December, 2024
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National Bank of Hungary launches HUF 15,000 coin
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American man found in Syrian prison after going missing in Budapest
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FDA accepts submission for Hungarian pharmaceutical company Richter denosumab biosimilar
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Csaba Pecsenye appointed head of National Judicial Council in Hungary
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Hungarian passport among the world’s 10 strongest
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Pakistani unit of MOL celebrates 25th anniversary
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Mercedes-Benz to shut down production for one month in its Hungarian base
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