Poultry Product Council: consumers may be the biggest winners of the reduction in poultry VAT
According to the president of the Poultry Product Council (BTT), the consumers may be the biggest winners if value added tax (VAT) on eggs and poultry will be reduced next year.
Csorbai Attila told M1 news channel on Wednesday that if the VAT on poultry and eggs to be reduced from 27 to 5 percent next year, poultry and eggs will be definitely cheaper from January and consumer prices may drop by up to 20-22 percent. (MTI)
Related news
The dominant sector of the food industry is egg production
Egg production is a key sector of the food industry,…
Read more >Waterfowl are becoming more and more popular in Hungary
After the decline in 2022, Hungarian compound feed production stabilized,…
Read more >The poultry sector had a difficult year
2023 was a challenging year for Hungary’s poultry industry, as…
Read more >Related news
The benefits of ESG are slowly emerging
The number of people interested in the new ESG regulation,…
Read more >The latest issue of Trade magazin is out now!
This time the digital version has been extended to 184…
Read more >Industrial production has decreased in Hungary: the NGM urges the reduction of German dependence
According to the latest data of the Central Statistical Office…
Read more >