VAT reduction may continue next year
The general debate of the 2017 annual budget bill began in the parliament on Wednesday. Varga Mihály Minister of National Economy said in connection with next year's budget that he hopes that the reduction of VAT rates will continue after 2017.
The general debate on next year's budget will be carried out on Wednesday and on Thursday in the National Assembly. The representatives will have 30 hours to assess the government's proposal. (MTI, portfolio.hu)
Related news
Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >VAT on gluten-free breads reduced in Spain
Following a ruling by the Supreme Court in Spain, the…
Read more >GKI analysis: Growing budget
When submitting next year’s budget, it is worth reviewing how…
Read more >Related news
In the Shadow of Price Margin Caps: Easter Shopping in Hungary, 2025
This year’s Easter shopping season in Hungary was less about…
Read more >Disrupted market, uncertain future – foot-and-mouth disease epidemic could have serious consequences
The outbreak of foot-and-mouth disease (FMD) in Hungary has triggered…
Read more >The pace of consumer price inflation in the euro area slowed in March
Annual inflation in the euro area fell in March, as…
Read more >