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Orban: Below-25s won't pay income tax from Jan 2022

January 15th, 2021

Hungarians below the age of 25 will not have to pay personal income tax from January 1, 2022, Prime Minister Viktor Orban said in a radio interview on Friday morning. Orban told public broadcaster Kossuth Radio that the measure would cost the budget 130-150 billion forints (EUR 363-420m). He said that following the phased reintroduction of the 13-month pension, it was important that young people should be given a serious opportunity, adding that the full tax break would apply to up to the threshold of an average salary.


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