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The government considers final the regulation of the detailed tax (kata) of small tax companies, which will take effect on January 1, 2021, Minister Gergely Gulyás said on Thursday in Government Info. Consequently, there are no plans to present a kata amendment to the tax package before Parliament.
By the way, there is slight relief in the kata bill, however as we write:
The portal recalls that, according to business associations and chambers (such as VOSZ or BKIK), in the current economic situation it is not appropriate to tighten the kata rules (hence the introduction of a 40% penalty tax on an amount greater than 3 million HUF from a single payer). Currently, by the way, some 450 thousand companies are caged.
Gergely Gulyás also told the portal that the government is not preparing for another program of wage subsidies as part of the economic rescue measures. According to Gergely Gulyás, the government sees investment support as the most important thing now, it can ensure that the economy grows and there are jobs next year. However, there are a variety of proposals on the government table and individual decisions can be made to keep jobs, he added. In other words, the focus of the government’s bailout measures has been to boost investment rather than preserve jobs.
It also turned out that intervention in support of economic growth is absolutely necessary, since in the third quarter of this year, according to preliminary information from the government, GDP had a negative sign compared to the same period of the previous year. However, compared to the second quarter, the minister expects positive data. According to the minister, the prolonged epidemic could reduce the 4.8 percent increase forecast for 2021. (Prime Minister Viktor Orbán used to expect the peak of the epidemic in late autumn and early winter, but now does so during the months of winter).
Featured image: Márton Neményi / 24.hu
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