Tag "SZJA"

Nearly half a million under-25s could be affected by next year’s SZJA exemption

As of 2022, there were an order of magnitude 280,000 people affected by the SZJA exemption for under-25s. This is derived from the age group employment data of the CSO,...

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What to do if someone is unable to pay personal income tax

May 20 is the deadline for reviewing, supplementing and correcting the draft personal income tax prepared by the tax authority. One of the typical reasons for deviations from the return...

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Labour law information for hospitality businesses

During the pandemic emergency and for a 30-day period after it ended: 1. employers can modify the work schedule any time, 2. employers can order home office or remote work...

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Minister of Agriculture: selling apiculture products will be exempt from personal income tax

The Minister of Agriculture called the support for beekeepers as an important pillar of climate protection measures at a press conference on Thursday, where he announced that the income from...

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NGM: retail trade grew due to increasing employment, personal income tax reduction and low inflation

Retail sales increased by 6.6 percent in February, compared with the similar period of 2015, due to the record-high employment, the one percentage point reduction in personal income tax (PIT),...

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Varga Mihály: 25 percent VAT is the long-term goal

According to the Minister of National Economy, the 27 percent VAT rate is high, but there is no free resources available to reduce it in next year's budget. The government's...

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The NGM investigates the possible effects of the VAT reduction

The Ministry of National Economy (NGM) is examining the financial and real economic impact of the reduction of the value added tax (VAT), but the primary goal is to make...

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