Index – National – Katalin Novák: Bankruptcy increases, VAT on new apartments decreases, real estate tax exemption tax-free



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Parliament voted on the amendments on subsidies for housing creation, announced Katalin Novák on Facebook. The Minister without a Family Portfolio highlighted the changes:

That after July 1, pregnant women will receive an amount greater than their previous net income in the first six months of their maternity leave. This is the Csed 100 program.

Starting today, the law also guarantees that the VAT on newly built properties will be reduced from 27% to 5% from January 1.

As of today, the law guarantees that you will not have to pay the fee to those who use chocolate to buy new or used property and raise a child.

Bankruptcy will go up to 100 percent of gross salary

The amount will also increase for those who are already receiving the benefit.

To update!

Katalin Novák recalled in a video posted on his Facebook page: starting in January, VAT on sales on newly built properties will be reduced from 27 percent to 5 percent, who buy real estate with a family home discount ( check) can claim 5 percent VAT, and new or used properties purchased with a check are tax-free. they will be.

In a specific example, a net real estate of HUF 30 million In this case, the VAT reduction means a saving of 6.5 million HUF, the VAT refund of 1.5 million and the tax exemption an additional saving of 1.2 million HUF.

in other words, families can save more than 9 million guilders.

The minister said the levy would not be paid if the sale contract is concluded after January 1, 2021.

The 5 percent tax rate includes properties for which a building permit has been issued at the end of 2019, as well as those whose technical transfer takes place after January 1, 2021. The latter is subject to 5 percent of VAT even if the sales contract is signed this year, so it matters when the transfer is made and when the payment is made, he explained.

He also reported that only those who use village chocolates can use the VAT refund for their own solid constructions. Otherwise, the support can be requested only in the case of the purchase of a new property made entirely by another contractor, he emphasized.

He added that the VAT refund can be filed at the same time as the check request, is valid for building permits issued until the end of December 2022, and can be used until the end of 2026.

On Tuesday, the National Assembly approved with 171 votes in favor, with the support of all those present, the necessary modifications to the individual laws for the introduction of new elements of the housing creation program.



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