Tag "áfacsökkentés"
Why did the VAT on cottage cheese in Rudi decrease?
Date: 2023-11-09 11:02:46
The reduction in the Rudi VAT on cottage cheese next year was revealed in the draft of the 2024 tax package. The proposal would amend the VAT Act, so that...
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The MSZP urges a VAT reduction for food and energy services
Date: 2023-06-20 10:17:22
The MSZP urges the reduction of the general sales tax (VAT) on food and energy services to five percent. László Varga, the deputy president of the MSZP, said at a...
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Coop 365discount Urges Danish Government To Cut VAT On Fruit & Vegetables
Date: 2023-02-17 09:32:14
Danish retailer Coop 365discount has urged the country’s Minister for Food, Agriculture and Fisheries, Jacob Jensen, to reduce VAT on fresh fruit and vegetables. The retail chain, which is part...
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Gergely Gulyás: The VAT reduction of food items did not come up
Date: 2023-02-09 12:00:08
At Thursday’s government briefing, Gergely Gulyás said that the VAT reduction did not arise, which otherwise significantly lowered inflation in Croatia. And the reason for this is that, according to...
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The VAT reduction in our southern neighbor really depressed food prices
Date: 2023-01-19 11:51:15
In Croatia, the government reduced the VAT on basic foodstuffs by 8 percent, so even with the price cap, it costs almost half as much to prepare a french fries...
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VAT reduction and the flexitarian diet were the topics at the Plant-Powered Perspectives conference
Date: 2022-12-01 12:02:35
This year, the Plant-Powered Perspectives conference, a professional meeting for plant-based food manufacturers, catering businesses and civil organizations, was held in Hungary for the second time. One of Danone’s best-known...
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Poultry farmers are in trouble
Date: 2020-12-15 11:42:13
They are asking for government help: wage and contribution subsidies and 5 percent VAT – privatbankar.hu wrote. This year, the Hungarian poultry sector was hit by three blows, in which...
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Prices in German online retail stores did not include reduced VAT
Date: 2020-07-15 11:01:37
Online retail stores in Germany hardly pass on reduced VAT to their customers as part of the business package, according to a survey conducted by the Idealo comparison portal for...
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Price war broke out in Germany
Date: 2020-06-29 11:15:40
Aldi and Lidl have started a new price war – privatbankar.hu wrote, after the German press. The government cut the value-added tax (VAT) from July 1 due to the coronavirus...
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Spring pork meat consumption campaign launched
Date: 2020-03-15 15:26:30
Until August 2020 the Ministry of Agriculture, the Agricultural Marketing Centre, the Livestock and Meat Interprofessional Organisation and Marketing Board and the Hungarian Meat Industry Federation are implementing a campaign...
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The Pálinka Knight Order would offset neta’s traffic-reducing effects with VAT cuts
Date: 2020-03-04 11:14:19
Last year, the sales of pálinka fell by about 60 percent as a result of the introduction of the public health product tax (neta), and the Hungarian Pálinka Knight Order,...
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ÁSZ: a careful assessment is needed before the VAT reduction
Date: 2019-12-06 11:49:14
The most recent analysis of the State Audit Office (ÁSZ) is about the impact of VAT reductions on the sustainable whitening process. The Central government’s tax revenues increased by about...
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Opten: Hungarian fish farming has started to grow
Date: 2019-08-16 11:30:20
Following the downturn in 2017, the number of fishing and fish farming businesses has increased as the main activity started to grow last year, while the sector’s total net sales...
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Hotel Alliance: the VAT reduction brings never-before-seen opportunity in tourism
Date: 2019-06-12 10:24:07
Hungarian tourism has an unprecedented opportunity, a new chapter will open on January 1, 2020, when 18 percent VAT on hotels will be reduced to 5 percent, said the president...
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A general VAT reduction is possible in the long run
Date: 2019-05-22 11:29:57
Varga Mihály, Minister of Finance also spoke about the government’s long-term tax plans in the interview with Világgazdaság. Among these, he mentioned that the government would like to reduce the...
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VAT reduction on milk resulted in cheaper milk
Date: 2019-02-04 11:55:05
As a result of the VAT reduction on milk, fresh milk is now 4-5 percent cheaper than before. The VAT reduction of the UHT and ESL milk in January this...
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Milk prices can rise in the second half of the year
Date: 2019-01-08 11:50:32
In the first days of January, UHT and ESL milk became cheaper in stores by about 11 percent, according to a survey by the Milk Product Council – Istvánfalvi Miklós,...
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A significant food price increase may come
Date: 2018-09-24 18:50:36
Despite the VAT cuts, a price increase of more than 10 percent is likely to occur in food prices – penzcentrum.hu wrote. The rise is due to the rise in...
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The VAT on long-lasting milk will be reduced next year
Date: 2018-09-06 11:35:48
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 –...
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Poultry can be more expensive
Date: 2018-08-30 11:40:58
The rise in production costs on poultry meat justifies price increase – the Magyaridok.hu quotes the Poultry Products Board. According to the profession, it is questionable whether the supermarket chains...
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They call for the VAT reduction of draft beer at the conference of breweries
Date: 2018-06-12 11:50:03
The Hungarian beer market is growing both in quality and quantity. The annual consumption is 63-64 liters per capita – Világgazdaság Online wrote. The Federation of the Hungarian Beer Manufacturers...
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Taxes on accommodation services may be reduced
Date: 2018-06-08 10:50:02
The high 18 percent Hungarian VAT rate undermines the profitability of market participants, but according to a new government decision VAT could be reduced on the domestic accommodation market. Könnyid...
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NAK President: there are still reserves in Hungarian agriculture
Date: 2018-05-28 12:30:05
“The Hungarian agriculture had successful years, but there are some sectors where there are still big reserves” – the chairman of the National Chamber of Agriculture (NAK) told at the...
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Lower VAT on baked goods would foster technological development
Date: 2018-05-25 16:57:29
The Hungarian Baker Association welcomes the fact that important representatives of the industry are in favour of cutting the VAT on baked goods to 5 percent. Bakers say they would use...
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Baker’s Association: decisive industry leaders support the reduction of VAT on bakery products to 5 percent
Date: 2018-05-07 11:32:08
The Hungarian Baker’s Association has been advocating it for years to reduce VAT on bakery products. The organization welcomes the fact that key industry representatives and leaders support the plan...
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Additional VAT cuts and increased efficiency are needed in the food industry
Date: 2018-04-26 11:42:19
The food industry operators felt greater government attention between 2014 and 2018, but the performance of the sector is still below EU competitors. Professionals say that without the development of...
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MKIK proposes five percent VAT on flour and bread
Date: 2018-04-19 11:19:12
The comprehensive economic policy proposal of the Hungarian Chamber of Commerce and Industry (MKIK) has been prepared for the government – Parragh László confirmed to mfor.hu. The president of the...
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The vegetable sector calls for price reductions
Date: 2018-04-16 11:55:29
The VAT on fruits and vegetables is only 3 percent in Spain and 6 percent in the Netherlands. However, the domestic producers have to face a 27 percent VAT in...
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NGM: several factors are influencing the growth of consumption
Date: 2018-04-06 11:40:43
In addition to the increase in the number of employees and real wages, the VAT cuts on individual product groups also have an impact on the increase in consumption –...
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The NAK urges the continuation of VAT cuts
Date: 2018-03-01 11:45:39
The Food Processing National Department of the National Chamber of Agriculture considers the continuation of the VAT reduction of foodstuffs as one of the most important objectives. The Food Processing...
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