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
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >