2010/11/05 – 00:01
Címkék: Hungary, Personal Income Tax (PIT), taxation 2011
2010/11/05 – 00:01
A CIKK MAGYAR NYELVŰ VÁLTOZATA
Thanks to the latest personal income tax changes, lots of people will have their net income increased. Such changes always draw the attention to the “science” of tax planning. It is not negligible indeed for instance when we receive our premium, bonus or income for 2010. In case of income tax in 2010 and 2011 there can be even more than 20% difference in the tax payable which makes people thinking.
According to the new PIT rules, the income of the year 2011 will have a tax charge of bit more than 20% while currently it is more than 40%. Thus, we do not have to do more just plan carefully when the income will arrive to our bank account. If indeed the payment is made on 16th January or afterwards, the new rules will be applicable for the income. Thus we can save even 20% tax on our income.
It is worth however to be careful and wait with such a decision till the new rules of the family allowance where the Government wants to set a maximum limit for eligibility. The basis of such a limit will be the total annual income, thus it is worth to consider and calculate how much we save on one side and how much we lose on the other.
A CIKK MAGYAR NYELVŰ VÁLTOZATA
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