124 result(s) for vat cut
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
CIB Group Expects Further Recovery On Hungarian Property Market
- 30 Mar 2016 9:00 AM
- property
Due to a favorable investment environment combined with certain governmental stimulants, further recovery is expected on the Hungarian property market, CIB Group said today in a press statement.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
CIB Group Expects Further Recovery On Hungarian Property Market
- 30 Mar 2016 9:00 AM
- property
Due to a favorable investment environment combined with certain governmental stimulants, further recovery is expected on the Hungarian property market, CIB Group said today in a press statement.