Mothers with four children will be exempt from income tax in Hungary - News Summed Up

Mothers with four children will be exempt from income tax in Hungary


Mothers with four children will be exempt from income tax and will receive £7,000 towards the cost of a new car in an attempt by Hungary to boost its birth rate. The country's prime minister Viktor Orban announced the measures during his annual state of the nation address yesterday. Hungary's prime minister Viktor Orban announced the measures during his 'state of the nation' speech on SundayThe benefits include a lifetime personal income tax exemption for women who give birth and raise at least four children. A subsidy of 2.5 million forints (£6,821) will also be available towards the purchase of a seven-seat vehicle for families with three or more children. In the address, the prime minister also listed some of his government's economic achievements, such as low unemployment, and vowed to fight poverty in the speech.


Source: Daily Mail February 11, 2019 08:28 UTC



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