The modifications adopted earlier today will ease regulation and simplify processes for tax-paying enterprises and private persons alike, Minister of State and Government Commissioner András Tállai said, following the adoption of the package.
As of 2016 the tax office NAV will prepare the tax returns of 1.5 million taxpayers, and as of 2017 it will do so for every Hungarian private person, Tállai outlined. Companies will be groupped into three categories, with “reliable, average and high risk” taxpayers. Businesses will enjoy advantages in the first category, while those in the latter will have some drawbacks, designed to encourage them to advance at least to the average category, András Tállai said, adding that re-evaluation will take place every quarer. Tax registration is set to become stricter: those who quit a company only to found a new one and leave behind massive tax arrears will face impediments. The taxation of environmentally friendly cars will be more favourable, as these will be exempt of paying car registration tax and fee, vehicle tax and corporate car tax.
Other measures announced by Mr. Tállai.
- Road hauliers will be able to deduct 7.5 percent of motorway tolls paid in the country or abroad from the local business tax and they will be exempted from paying duty on purchased vehicles.
- The amount of accident tax paid by customers of bankrupt Astra insurance company will be refunded by the NAV, to some 180 thousand people.
- As of 1 January 2016 tax and customs accounts will be merged into one account.
- The home distillation of pálinka will be taxed with a tax stamp of HUF 700 per litre. Distillers can buy minimum 5 and maximum 86 tax stamps.
