Trademagazin > News and articles > Market News > In most EU countries, the VAT rate of basic foodstuffs is lower than in Hungary
In most EU countries, the VAT rate of basic foodstuffs is lower than in Hungary
As previously been reported in Hungary, many sectors are lobbying to ensure to be in the scope of the 5 or 18 percent reduced VAT rate, however, very few succeed in tackling these issues. Since the previous Thursday, instead of the former 25, only 5 percent VAT burdens the performances most of the live music instrumentalists and performers.
Debate continues over the enlargement of the discount rate. Beside food, fuel, housing construction and renovation, and commercial accommodation services are among the nominees – reports Világgazdaság Online.
Related news
More related news >
Related news
KSH: industrial production fell by 7.2 percent in September
In September 2024, the volume of industrial production was 7.2…
Read more >The majority of working young people expect a salary increase
Regarding the development of their own salary, the majority of…
Read more >Péter Benő Banai: next year, the Hungarian economy may grow above 3 percent
Next year, the Hungarian economy, relying on the policy of…
Read more >