Income Tax Donations to Charities, Churches Up 5% in 2020

Economy

Some 2.2 million taxpayers in Hungary opted to donate 1% of their income tax to charities or churches last year, up 5% from 2019.

 

Under Hungary’s tax laws, taxpayers are offered an opportunity to donate 1% of their income tax to NGOs and another percent to churches. Taxpayers in 2020 donated a combined 18.6 billion forints (EUR 51.2m) to some kind of organisation out of a total possible 40.7 billion, finance ministry state secretary András Tállai said.

 

hungarymatters.hu

pixabay

Iris Properties

- 3 rooms flat close to Uni

80 m2 flat for rent
350 000 Ft

flat for rent
89 000 000 Ft

- Cozy flat on Lóverseny utca

74 m2 flat for rent
280 000 Ft

56 m2 flat for sale
52 900 000 Ft

- Flat is available in the city centre

36 m2 flat for rent
185 000 Ft

- Two bedrooms flat next to tramline no.2

54 m2 flat for rent
238 000 Ft

Leave a Reply

Your email address will not be published. Required fields are marked *