The VAT on long-lasting milk will be reduced next year
Next year, the VAT of another basic food, the VAT on long-lasting milk (UHT, ESL) will decrease, which can partly be reflected in retail prices and increase traders’ margins – agrarszektor.hu wrote.
What is more important, however, is that the VAT frauds in the sector will decline as well – was written in OTP Bank’s article series. (agrarszektor.hu)
Related news
DK calls for reducing VAT on basic foodstuffs to five percent
During the last month’s official inspections, the National Trade and…
Read more >Banks have introduced new measures to increase cybersecurity
Hungarian financial institutions, OTP and K&H Bank, would strengthen the…
Read more >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 >Related news
This is how Hungarians eat lunch – we are still a meat-eating nation
A recent domestic study revealed how Hungarian food culture has…
Read more >NKFH: database launched on smaller packaging
Consumers can find out about products whose packaging has been…
Read more >Temu attacks: the online discount giant would also break into the European food market
After cheap electronics and clothing, the Chinese online marketplace Temu…
Read more >