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In an interview with Kossuth Radio on Friday morning, the Prime Minister emphasized that job creation possible through investments, so the 5% VAT on home construction fits well into this picture. By the way, Márton Nagy also spoke yesterday about the importance of investments at the Portfolio Conference.
The prime minister also indicated that
The 5% home tax will not be the only measure, discounts are also expected for home renovations and other family discounts in the future.
However, these will be announced by Katalin Novák.
Experts will discuss in detail the effects of the latest measures on the housing market at the Property Investment Forum 2020 conference on November 19.
The 5 per cent housing tax is therefore the next step in a crisis management measure that, together with other measures, will “start the engine of family home creation” and thus hopefully “it will be a second impulse for the management of the economic crisis.”
Cover Image Source: Getty Images
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