This is what families spent their tax-return on
At the beginning of this year, parents of children received a refund of the amount of personal income tax for the previous year. The affected households received different amounts, according to K&H’s Secure Future survey, the families eligible for reimbursement received an extra income of HUF 596,000 on average, the financial institution announced.
20 percent of them received less than HUF 250,000, while 3 percent – both parents together – received more than HUF 1.5 million. 33 percent of the refund goes to everyday expenses, another 33 percent increases savings, 14 percent is spent on debt or loan repayment, and the remaining 20 percent is spent on entertainment and travel.
Families with children were able to start this year with significant extra money, as they received back the amount of personal income tax for last year, a maximum of HUF 809,000 per eligible person – according to K&H’s second-quarter secure future index, which describes how much parents in the 30-59 age group amount they received and what the extra income was spent on.
Related news
K&H Analyst Commentary: The forint is on the rise
The forint, the Polish zloty and the Czech koruna are…
Read more >K&H: collaboration with the capital in the name of climate neutrality
Budapest Metropolitan Municipality and K&H Bank have signed a Memorandum…
Read more >K&H: financial security? the picture is very mixed
26 percent of middle-aged Hungarians have an income of 589…
Read more >Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >