Entrepreneur tax benefits to come

By: Trademagazin editor Date: 2020. 10. 15. 11:22

Varga Mihály submitted a draft law containing tax relief to the Parliament. Among other things, there are measures such as raising the value limit of the small business tax or the VAT return prepared by NAV – privatbankar.hu wrote.

Referring to the coronavirus pandemic, the Economic Protection Operational Tribunal (GOT) has decided to cut tax bureaucracy and provide additional benefits to businesses. It is expected that the draft will be voted on by the Parliament soon, so Hungarian companies will receive assistance in terms of administration and the level of the tax. (privatbankar.hu)