Trademagazin > News and articles > Market News > The Ministry of Rural Development seeks for VAT reduction
The Ministry of Rural Development seeks for VAT reduction
The Ministry of Rural Development considering a reduction of VAT in the food and agricultural products.
The screening continues in the ministry, so noone still know, how much disposable money will be available. Nonetheless Czerván György, secretary of the Hungarian Ministry of the Rural Development said to Magyar Hírlap, that he did not expected such a bad state in the sector. Since the previous government increased the VAT, the turnover without invoice has increased dramatically – reports magyarhirlap.hu.
Related news
More related news >
Related news
According to the GVH’s investigations, retail is not the culprit in price increases.
It is not the retail trade that is responsible for…
Read more >Back to school: families plan with an average of 50-75 thousand forints
According to a recent survey by REGIO JÁTÉK, starting school…
Read more >Hungarian pork foreign trade: dramatic decline in the first five months
While the world’s major pork markets – such as the…
Read more >