Trademagazin > News and articles > Market News > Lower VAT on baked goods would foster technological development
Lower VAT on baked goods would foster technological development
The Hungarian Baker Association welcomes the fact that important representatives of the industry are in favour of cutting the VAT on baked goods to 5 percent. Bakers say they would use the more favourable financial situation for investing in technological development to increase their competitiveness. //
Related news
The veil has fallen on this year’s Saint Stephen’s Day bread
This year’s St. Stephen’s bread, Grandfather’s bread with potatoes, was…
Read more >Lidl wins through its ‘breadification’ strategy in the UK
British supermarkets are being criticised for allegedly misleading marketing in…
Read more >A record number of entries were received for the 13th Saint Stephen’s Day Bread Competition
This year, the largest number of products entered the professional…
Read more >
More related news >
Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >