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Hungary Announces 2015 Tax Plans

29 October 2014

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Proposed Changes

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Hungary

Hungary's government has recently issued its tax laws proposal for 2015, which will be presented to parliament. The proposal includes: Employee and Individual Income Tax Related Measures An annual tax benefit of HUF 60,000 for newly married couples for 2 years will be introduced The tax benefit of HUF 10,000 per child provided for families raising two or more children will be increased to HUF 20,000 per child over a 4 year period The tax benefit for employer social contributions will be maintained, including an HUF 100,000 tax benefit for part-time employment of parents of young children Corporate Tax Related...