1/5
GOOD NEWS for families: Starting today, 🇭🇺 Hungary introduces major tax reforms aimed at strengthening families & increasing net household income — without raising employer costs.
The most important change: a 50% increase in the 2025 family tax allowance. 🧵
GOOD NEWS for families: Starting today, 🇭🇺 Hungary introduces major tax reforms aimed at strengthening families & increasing net household income — without raising employer costs.
The most important change: a 50% increase in the 2025 family tax allowance. 🧵
2/5
👨👩👧👦 New monthly tax allowances:
• 1 child: €250+
• 2 children: €510+
• 3+ children: €840+ per child
🪙 €250+/month for children with long-term illness or disabilities.
👨👩👧👦 New monthly tax allowances:
• 1 child: €250+
• 2 children: €510+
• 3+ children: €840+ per child
🪙 €250+/month for children with long-term illness or disabilities.
3/5
This boosts parents’ net pay without placing additional financial burden on employers — a direct, pro-family measure embedded in the tax system.
This boosts parents’ net pay without placing additional financial burden on employers — a direct, pro-family measure embedded in the tax system.
4/5
Also from today: several parental care benefits are now fully exempt from personal income tax.
This applies to:
• #Maternity allowance (CSED)
• #Childcare allowance (GYED)
• Adoption allowance
Result: approx. 15% income increase for recipients — net equals gross.
Also from today: several parental care benefits are now fully exempt from personal income tax.
This applies to:
• #Maternity allowance (CSED)
• #Childcare allowance (GYED)
• Adoption allowance
Result: approx. 15% income increase for recipients — net equals gross.
5/5
🇭🇺 #Hungary’s approach is clear: protect families, reward childrearing, & strengthen national resilience through responsible economic policy.
#FamilyFirst
🇭🇺 #Hungary’s approach is clear: protect families, reward childrearing, & strengthen national resilience through responsible economic policy.
#FamilyFirst
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