Single-rate food chain supervision fee returns
The Hungarian parliament has amended the legislation on the food chain supervision fee: in the future even those companies will have to pay 0.1 percent of their sales revenue which have their net sales below HUF 500 million. György Vámos, the president of the National Trade Association (OKSZ) is of the opinion that the new law will have the worst effect on small shops, which didn’t have to pay the fee in the old system. However, micro- and small businesses have the option of paying a HUF 20,000 or HUF 700,000 flat rate a month. The 0.1-percent food chain supervision fee was introduced in 2012. As of this year the system changed in a way that the more a retailer earned, the higher proportion of its income it had to pay. Finally Brussels ruled that the new system was against the community principle of fair competition.
Related news
Related news
Viktor Orbán: pensioners will receive a special card to claim VAT refunds
For the VAT refund, pensioners will receive a special card,…
Read more >Waberer’s Group appears on the road passenger transport market
Waberer’s Group is entering the road passenger transport market after…
Read more >Equilor: The Hungarian National Bank faces a new era, headed by Mihály Varga
From March 4, Mihály Varga will be the new president…
Read more >