Tax Cuts


State Secretary Izer: Tax discounts aimed at countering coronavirus impact have already saved Hungarians HUF 62 billion

Among a series of other steps to protect the economy and help Hungarian families get by during the epidemic, the Hungarian government instructed the tax authority to exercise leniency concerning tax-discount applications made as a result of the coronavirus crisis. Thanks to these measures, Hungarian families have, according to a state secretary from the Ministry of Finance, saved Hungarians more than HUF 62 billion so far.

Jun 24, 2020 - Zoltán Kovács
News in Brief

Further tax cuts in store for Hungary

Norbert Izer said the economy’s growth was backed by tax cuts, adding that reductions may be continued as the central budget has “stable and predictable foundations”.

Jan 3, 2020
News in Brief

State Secretary: The Hungarian government’s tax cuts are working

State Secretary András Tallai said statistics showed that the government’s economic policy was working. He added that if a country’s budget revenues are up after the government cuts taxes “then things are going in the right direction.”

Aug 5, 2019