Personal income tax revenue higher than target but down yr/yr

In a budget report on Monday, the National Economy Ministry said that net revenue from the personal income tax, at HUF 1,382.8bn last year, exceeded the respective annual target by 1.5%, but dropped HUF 385.1bn or by 21.8% from 2010.
EconomyThursday, 18:15 January 26., 2012 Read more

Just over half of economically active Hungarians pay personal income tax

About 65% of economically active Hungarians between the ages of 15 and 64 submitted a personal income tax return for 2010, but just 51% paid any tax, daily Magyar Nemzet said on Thursday, citing data from the National Tax and Customs Office (NAV).
EconomyThursday, 13:15 November 17., 2011 Read more

Tax changes leave Hungarians with HUF 150 bln more personal income in 2010

Personal income tax collected last year edged up 1.4%, under the rate of inflation, to HUF 119.8 billion
EconomyTuesday, 17:25 September 13., 2011 Read more

Govt to fix flat-rate tax in law requiring two-thirds majority, Matolcsy says

The two-thirds majority law would state that Hungary has a flat-rate personal income tax system, though the percentage of the flat-rate tax could vary
PoliticsFriday, 13:15 June 3., 2011 Read more

Earnings gap widens due to flat rate income tax

The new flat rate personal income tax has made many people poorer and crisis-stricken companies are not necessarily rushing to compensate despite government nudges to do so.
BusinessSaturday, 06:00 April 16., 2011 Read more

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