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
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >