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Tag: tax exemption

Hungarian Family Policy in Action: No Income Tax for Young Mothers
CURRENT

Hungarian Family Policy in Action: No Income Tax for Young Mothers

The income tax exemption for those under 25 has been extended to include young mothers aged 25-30. The new regulation has been in force since 1 January.

Ádám Bráder
—
08.01.2023
Tax Exemption Under 25 Years of Age Could Be Expanded
CURRENT

Tax Exemption Under 25 Years of Age Could Be Expanded

Since 2022, those under the age of 25 have been exempt from paying personal income tax. According to a new government plan, the exemption may be expanded to women aged 25 to 29 if they commit to having their first child before they turn 30.

Ádám Bráder
—
30.09.2022

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