Tag "áfa"
Turkey Association: the growth of the sector has stopped
Date: 2016-12-19 11:25:27
After the expansion of 2014 and 2015 the growth in the Turkey sector has stopped this year. This year’s production was around 102 thousand tons which is similar to last...
Read more
Not all types of eggs will be under the five percent VAT rate
Date: 2016-12-13 11:50:01
According to the parliament's decision, on 1 January 2017 the VAT on eggs and milk to be reduced. But not all types of eggs will be under the five percent...
Read more
The NÉBIH preceded 9 billion HUF VAT evasions last year
Date: 2016-10-06 11:55:02
The National Food Chain Safety Office (NÉBIH) preceded 9 billion HUF VAT evasions last year thanks to its inspections. The National Food Chain Safety Office (NÉBIH) carried out almost three...
Read more
India and China may also introduce VAT
Date: 2016-09-05 11:03:33
The Value Added Tax (VAT) originally comes from France. India introduces the VAT next year, while China is switching to the new system these days – Magyar Nemzet Online wrote....
Read more
The VAT regulation on vouchers will change positively
Date: 2016-08-10 11:03:10
The Council of the European Union brings the VAT regulation of single vouchers and voucher systems under control. Because of the impending changes, for the sellers it is worth to...
Read more
The VAT reduction on poultry and milk are accepted
Date: 2016-06-07 11:52:42
The National Assembly approved the government's proposed tax package for next year on Tuesday. According to the tax package, the Value Added Tax (VAT) on poultry meat, eggs, fresh milk...
Read more
New tax in catering
Date: 2016-06-07 10:20:44
Those caterers should pay a four percent special tax after turnover without VAT that sell locally produced food or drink from 2018 as a Tourism Development Contribution – index wrote....
Read more
The Hungarian Bath Association urges VAT reduction on bath and spa services
Date: 2016-04-27 10:17:22
The Hungarian Bath Association welcomes the decision that a 18 percent VAT rate will pertain on accommodation services and catering services in 2017, but they think that the baths would...
Read more
Grain Association : the VAT on flour and feeds should be reduced as well
Date: 2016-04-25 11:38:12
The Grain Association suggests the Minister of National Economy to reduce VAT on flour as a basic food and on feeds. The Association of Hungarian Grain Processors Manufacturers and Traders...
Read more
MVI about the vat-decrease
Date: 2016-04-15 10:29:09
Sorry, this entry is only available in HU....
Read more
The member companies of the OKSZ would help to improve the situation of the Hungarian dairy sector
Date: 2016-04-11 11:37:26
The member companies of the National Retail Federation (OKSZ) are committed to improve the difficult market situation of the Hungarian dairy farmers; if possible, VAT should be reduced from July...
Read more
The European Union intends to modernize Value Added Tax
Date: 2016-04-07 11:20:57
Today's Action Plan is the first step towards a single EU VAT area which is equipped to tackle fraud, to support business and help the digital economy and e-commerce. The...
Read more
Shops are closed on Sundays for a year now
Date: 2016-03-30 10:23:10
It was in March 2015 that the regulation, according to which stores must stay closed on Sundays, entered into force. Today the majority of shoppers would still like to go...
Read more
Falling chicken prices
Date: 2016-03-22 11:33:34
The pig meat price index this year has been in the focus of attention, because VAT on pig carcase meat has been reduced to 5 percent in January. According to...
Read more
The families save an annual ten thousands HUF due to the VAT reduction on pork
Date: 2016-02-12 11:53:49
The VAT reduction on pork is resulted in 25 million HUF savings for the customers, so a family of four will save an annual ten thousands HUF – the Parliamentary...
Read more
The NAV has published the list of the pork products falling under the 5 percent VAT
Date: 2016-01-19 11:58:18
The information on the list of the pork products falling under the 5 percent VAT has been released on the website of the National Tax and Customs Authority. The half-carcases,...
Read more
Pork: monitoring system monitors the effects of the VAT reduction
Date: 2016-01-07 11:32:16
The Ministry of Agriculture (FM) is operating a monitoring system to check whether the result of the VAT reduction in January will result in cheaper pork in stores – agrarszektor.hu...
Read more
According to the Hungarian Turkey Association the high VAT inhibits consumption
Date: 2015-11-25 11:45:44
The Hungarian Turkey Association has organized its annual professional conference for the third time, where the major issues of the poultry and turkey industry were discussed. At the event, it...
Read more
Meat Market Changes
Date: 2015-10-06 12:00:43
The domestic pig breeding is supported with high amounts for the fifth year and now the government is eager to favor the consumers. As a part of the domestic pig...
Read more
The egg association also calls for VAT reduction
Date: 2015-09-29 11:40:23
The Hungarian Egg Association would like to include the eggs into the circle of food products that are in the reduced, 5 percent value added tax (VAT) category – the...
Read more
Foreign VAT can be claimed back for another week
Date: 2015-09-23 11:07:04
The Hungarian companies still rarely claim back the VAT on invoices related to residence in other EU countries, rather they account gross costs – the international tax consulting and auditing...
Read more
Coop rally: the Nagy-Hegyes Hús Kft. expects an increase in turnover
Date: 2015-09-11 11:42:05
The reduction of VAT on carcass from 1 January is expected to generate significant growth in demand among the legally operating businesses, so the Nagy-Hegyes Hús Kft. is planning investments...
Read more
The VAT fraud may reach 1,000 billion HUF
Date: 2015-08-24 11:20:34
In Hungary, approximately 1,000 billion HUF VAT is cheated every year, while the rate of tax evasion can reach 22-25 percent of GDP – Farkas Gábor, Manager of PwC drew...
Read more
5 percent VAT not only in the swine sector
Date: 2015-07-21 11:33:50
The Livestock and Meat Marketing Board and Interprofessional Organisation (VHT) considers the reduction of VAT to 5 percent in the pig sector not only as a sectoral advantage but as...
Read more
The volume of retail sales in Romania increased by four percent
Date: 2015-07-07 11:09:50
The volume of Romanian retail sales increased by 4 percent in the first five months of the year, compared to the same period of last year – the Romanian National...
Read more
VAT on food decreased by 9 percent in Romania
Date: 2015-06-01 11:10:35
The government decree on the extension of the reduced VAT rate entered into force in Romania on Monday. The manufacturer and distributor companies should use a 9 percent VAT rate...
Read more
One hundred and fifty billion HUF whiteout in the economy thanks to the online cash registers
Date: 2015-05-27 11:35:24
According to the calculations of the Central Bank’s analysts, the online cash registers whitened the economy in 2014 with about 150 billion HUF – portfolio.hu wrote. The analysts of the...
Read more
Excessive administration against VAT frauds hampers growth
Date: 2015-05-12 11:30:11
VAT frauds cost nearly 200 billion euros for the EU member states every year. In Hungary 25 percent of the VAT is swallowed by the traders. However the increase of...
Read more
The government will continuously monitor the effects of the VAT reduction on pork
Date: 2015-04-24 11:45:36
According to the government spokesman, the effects of the VAT reduction on pork will be continuously monitored. The datas will shop that similar steps may be introduced in other sectors....
Read more
The Poultry Product Council asks for same judgment as the pig sector in taxation
Date: 2015-04-23 11:55:15
The Poultry Product Council (BBT) asks for same judgment as the pig sector in taxation. According to the Poultry Product Council there is no technical reason that while the Value...
Read more