Thanks to the two-phase VAT reduction in the hospitality sector, many enterprises had the financial means for investing in development and higher salaries for workers. That was a positive step, but the VAT regulation in force is very complicated and difficult to apply in practice for bars, restaurants and accommodation service providers. It could be a solution to this problem if – just like in other European countries – the preferential VAT rate would be extended to all hospitality services (including take-away sales and home delivery), with the exception of alcoholic drinks. //
Related news
Albert Heijn Offers Business Customers Discount On Organic, Plant-Based Products
Dutch retailer Albert Heijn is offering business customers a 10%…
Read more >Lidl favors customers over the age of 65
Customers over the age of 65 can get fresh vegetables…
Read more >The price of the chips clearly shows the problematic nature of the pricing policy shaping retail trade
The drastic difference in prices of Pringles chips between Hungary…
Read more >Related news
Outstanding rural businesses awarded
Hungary’s first rural business community bridging sectors and regions, the…
Read more >Korea moves to Margaret Island for two days: the free KoreaON 2025 cultural festival starts!
The summer in Budapest will once again bring the KoreaON…
Read more >The many faces of Hungarian wine
The National Council of Wine Communities has launched the “Hungarian…
Read more >