Extra tax on each plane ticket!

GETTING TO CROATIA OVER BUDAPEST WAS ALWAYS CHEAPER OPTION, MAYBE NOT ANYMORE
Photo: Unsplash (Lee Robinson)

A government decree published late Saturday clears how high the extra tax of the different sectors will be in Hungary. Among others, there will be an extra tax on plane tickets, the company car tax will double, and we will have to pay after each Revolut-type transfer, reports dailynewshungary.com.

Here are the details! New tax on each plane ticket according to hvg.hu, the government published its relevant decree after their three-day away session in Sopron. The government calls the extra tax on plane tickets the airliners’ contribution. In that case, there will be two tariffs. If the flight’s destination is the EU, the United Kingdom, Northern Ireland, Albania, Andorra, Bosnia and Herzegovina, North Macedonia, Iceland, Kosovo, Liechtenstein, Moldova, Monaco, Montenegro, Norway, San Marino, Switzerland, Serbia or Ukraine, the extra tax’s rate will be 3,900 HUF (EUR 10.18) per passenger.

In other cases, it is 9,750 HUF (EUR 24.88). The extra tax concerns only passengers departing from Hungary. As a result, the decree does not apply to transit passengers. Theoretically, the subjects of the new tax are the ground service companies, not the passengers. However, companies may include the extra tax in the ticket prices. For example, Wizz Air already announced that they might raise their prices because of the government’s extra tax.

Tax increases in every sector based on the government decree, the transaction duty on securities transactions will be 0.3 percent. The maximum will be 10 thousand HUF (EUR 25.52). We will have to pay that when we buy the securities.

Read the full article HERE.

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