Fri 3 May 2024
Warszawa (PL)
24/12°C
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Fri 3 May 2024
Praha (CZ)
18/11°C
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Fri 3 May 2024
Bratislava (SK)
16/12°C
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Fri 3 May 2024
Budapest (HU)
18/11°C
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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.
MTI
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