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TAX CHANGES 2019 : 5.9% interest on late payments

Archived article. This article reflects the rules in force when it was published and may no longer be current. For up-to-date advice, contact us.
The interest rate on late tax payments is twice of the central bank base rate (0,9%), which is currently only 1.8%.

The interest rate is determined by the legislator in the latest bill on tax changes of 5.9 percent.

The default interest rate for taxpayers classified as risky will be 8.85 percent from 2019.

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HUNGARY – Small Business Tax 2019