Accounting, Payroll, Tax & Legal since 1989

Decreasing Taxes In The Proposal For 2018

The official proposal of tax laws for 2018 include various amendments, such as

  • the special tax of SMEs drops from 14% to 13%,
  • the health contribution payable from property rental income of individuals (14%) is cancelled,
  • the VAT of internet services drops from 18% to 5%,
  • the VAT of fish drops from 27% to 5%.

The social contribution payable on gross salaries will decrease further in 2018, to 20% as prescribed in the law last year. At the same time, the minimum salaries increase: for unskilled jobs by 8%, for skilled jobs by 12%.

For further detailed information just contact us.

23.05.17


Latest articles

23

Aug

Why should my business outsource accounting services?

18

Jun

TAX CUT IN HUNGARY FROM JULY 2019

26

Feb

Massive GDP Growth & 2 Upgrades of Sovereign...

Contact

Email again:
Services