Tag "áfacsökkentés"

Pork consumption increased in Hungary

Pork consumption has increased by about 10 percent since 2016 in Hungary, with an annual consumption of 25 kilograms per person – the Minister of Agriculture said in Túrkeve, at...

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Tourism Agency: the VAT reduction of restaurant services serves the wage development

With the new VAT cuts in restaurant services this year, the government would like to make the owners and employers of the restaurants to spend the renmaining money on the...

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The dairy sector calls for VAT reduction and increased controls

By the end of last year, the domestic dairy market has stabilized. The buying-in price of raw milk per kilogram exceeded 100 HUF, and developments have started at several processors....

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The price of fish decreased in the vast majority of shops, due to the VAT reduction

In the vast majority of shops, fish prices decreased by 10 to 15 percent due to VAT cuts – the Managing Director of the Hungarian Aquaculture and Fisheries Interbranch Organization...

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The dairy sector expects full VAT cuts

The domestic dairy industry has stabilized and the domestic dairy industry started to grow – Mélykuti Tibor, Chairman of the Milk Product Council said adding that it would be important...

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Fish sales may increase by fifteen-twenty percent

The VAT cuts can increase the sales of fish by up to 15-20 percent according to the chain of stores, and consumers can buy carp, catfish or salmon on 17-22...

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FM: The year starts with a VAT reduction in the food industry

From January, a further VAT reduction is taking place in the food industry. Nagy István, the Parliamentary Minister of State of the Ministry of Agriculture (FM) told M1 news channel...

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VAT cut and financial support

The Hungarian Chamber of Agriculture (NAK) and the Ministry for National Economy are in talks about which food and agricultural products will be added to the list of 5-percent VAT...

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Together for lowering the VAT on draught beer

The Craft Beer Association, has joined the initiative of the Association of Hungarian Brewers and the Hungarian Association of Microbreweries, which aims at reducing the VAT on draught beer to...

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Despite the VAT cuts, the price of pork increased

Pork has been significantly cheaper over the last year, so more and more people hear that there is nothing to do with VAT cuts because they can not lower the...

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Czerván György: the reduction of VAT on food saves about 50-60 thousand HUF for the families

The reduction of VAT on foodstuffs saves about 50-60 thousand HUF for an average for a family of four members each year so far – the Minister of State of...

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VAT on pork offal may fall to 5 percent next year

The VAT rate on pork offal may fall to 5 percent next year if the Parliament accepts the amendment supported by the Parliament’s Legislative Committee on Thursday. The committee voted...

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VAT reduction would be favorable for the bakery industry

It would be beneficial for the bakery industry if the Value Added Tax (VAT) on bakery products would be reduced, according to the proposal of the National Chamber of Agriculture...

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European professional organizations urge the VAT reduction of hospitality and tourism services

The European professional organizations urge long-term VAT reduction on hospitality and tourism services, because it would be the key to maintaining the competitiveness of Europe’s tourism – the Hungarian Hotels...

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MAHAL expects the increase of fish consumption from the VAT cuts

According to the Hungarian Fisheries and Aquaculture Association (MAHAL), the planned reduction in the VAT on fish meat could reduce fish prices by 15 percent, stimulate consumption and encourage all...

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VAT cut can double fish consumption

The Ministry of Agriculture has recently taken the initiative to reduce the VAT on fish to 5 percent. They hope to whiten the sector and fish consumption will be doubled...

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NGM: egg price comparision will be easier from Monday

According to a regulation change coming into force on Monday, the price of eggs must be indicated in the same font size as the unit price per weight – the...

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The breweries would reduce the VAT on draft beer

The big brewers and small-scale distilleries turned together to Varga Mihály National Economy Minister to extend the local dining preferential VAT on draft beer – Világgazdaság wrote. As it is...

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The VAT on Internet use to be reduced to five percent from next year

According to the work plan of the Digital Prosperity program, the VAT on Internet use to be reduced to five percent from 1 January 2018 – Deutsch Tamás Prime Ministerial...

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The Chamber of Agriculture would reduce the VAT rate for cereals to 5 percent

The Chamber of Agriculture (NAK) suggests to reduce the VAT rate for cereals to 5 percent if the European Union does not allow reverse VAT payment after 2018. With this...

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OTP: VAT should also be reduced in the case of the long-life milk

According to the experts of the OTP Bank, VAT should also be reduced in the case of the UHT and ESL milks. The VAT reduction would increase domestic consumption, which...

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Reduction in VAT may boost fish consumption

The 5 percent VAT reduction of fish meat may boost the Hungarian aquaculture, the production of fishery products and promotes the growth of consumption – Németh István, president of the...

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FM: reduced VAT on fish and game meat

The Ministry of Agriculture initiates the VAT reduction of fish and venison to 5 percent – agrarszektor.hu wrote. The aim would be to reach more customers with these products. The...

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The NGM turns to the competition office if the effect of the VAT reduction fails

The National Economy Ministry (NGM) will turn to the competition office if the market operators violate of the competition rules and affect the market processes in a way that the...

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Honey falsification: EU needs to take actions against honey adulteration

If the beekeepers would sell their honey at current price it would mean bankruptcy for them – Nagyernyei Attila, president of the Tolna County Apiary Association told. The purchasers offer...

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Chicken breasts are popular

The buyers take advantage of the benefits of VAT reduction in January. Since the beginning of the year, the processors transport 30-40 percent more chicken breast and 20 percent more...

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VAT reduction did not impove the sales of fresh milk

Despite the fresh milk VAT reduction to 5 percent in January, the buyers are still looking for long lasting products in the stores – the Magyar Idők wrote. According to...

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The food VAT cut is part of a process

The food VAT cut is part of a process that – depending on the performance of the economy – can continue in the future – Nagy István, the Minister of...

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Fazekas Sándor: it is important to provide cheaper access to basic foods

It is important that the people to have cheaper access to basic food products as well as to buy more Hungarian products; This is high priority in the government’s taxation...

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The ALDI gives its customers more again

The company decreased the price of poultry meat and eggs by 22 percent from the first of January 2017. On the basis of the food VAT reduction entering into force...

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