The Czechs would raise the VAT rate on beer, there is great indignation
For the time being, there is a lively discussion in the five-party coalition about the plan of Czech Finance Minister Zbynek Stanjur, which would transform the entire tax system. Among other things, beer would also receive a higher VAT rate of 21 percent.
The changes could bring 24 billion crowns (1 crown = 16 forints) of extra income to next year’s budget. Stanjura’s goal is to have the tax law before the parliament by June, although the measures are the subject of debate in the government coalition. Prime Minister Petr Fiala stated that the plans published in the media are not final, according to Reuters, Világgazdaság reports.
“I will personally announce the final proposals on the topic of reducing the budget deficit within a month”
– declared the prime minister.
Related news
Beer Association: beer consumption in Hungary increased again last year
After a 10 percent decrease in turnover in 2023, reminiscent…
Read more >The Czech Republic exported a record amount of beer last year
Czech breweries exported a record 6.13 million hectoliters of beer…
Read more >We spend an average of HUF 105,000 per person on domestic travel
60 percent of Hungarians of economically active age have been…
Read more >Related news
Are we buying more consciously? Demand for Hungarian flavors is unabated
Kifli.hu works with hundreds of Hungarian producers to offer a…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >