The BDO suggests the development of a progressive tax product schedule in connection to the chips-tax.
The new tax, paradoxically, can have a negative effect on the budget, because if the price increase may result in a 10 percent decline in the consumption inside the product group, that would decrease the VAT.
According to the expert it is a contradiction also, that the fast-food restaurants and pastry shops remain tax exempt. The proposed tax would hit only the pre-packaged goods manufacturers, so at first sight, the classic pastry shops (where there is no pre-packing) seems to remain tax-free, which strongly contradicts the healthy lifestyle driven approach – emphasizes Gerendy Zoltán, the managing partner of BDO.
Related news
Related news
GKI Analysis: We invest, but we don’t make progress
GKI has recently prepared a comprehensive series of analyses on…
Read more >Changing tastes, growing challenges – We can prepare for such a beer year in 2025
Although the domestic beer market expanded by 2.8% in 2024,…
Read more >There are problems on the chocolate front
While we pay more and more for premium chocolates, most…
Read more >