Hungary’s tax authority APEH collected HUF 4.113 trillion (EUR 15.12bn) in tax revenue in the first half of 2009, down 3.7pc yr/yr from H1 of 2008, APEH informed MTI on Wednesday. The figure does not include the HUF 179.9bn APEH collected for private-pension funds.
APEH said that revenue from VAT and payroll taxes decreased to the greatest degree during the first half of the year.
APEH noted that H1 tax revenue largely conformed to expectation, and the decline was due to economic contraction.
APEH collected HUF 947.6bn from personal income tax, down HUF 28.9bn yr/yr. Payments of personal income tax fell HUF 16.6bn to HUF 1,053.6bn, while returned tax rose HUF 12.3bn to HUF 106.3bn.
APEH had net revenue of HUF 929.7bn from VAT, HUF 80.4bn less than the same period last year. VAT payments rose 10pc, while returns fell 14pc.
APEH had revenue of HUF 220.6bn from corporate tax, up HUF 15.4bn yr/yr. Taxpayers paid HUF 245.9bn, HUF 10.2bn more in the first six months and received back HUF 25.3bn, HUF 5.2bn less than in the first half of last year.
APEH collected HUF 44.4bn from the Simplified Business Tax (EVA), HUF 0.7bn less than a year before.
APEH completed 149,000 asset audits during the first half of 2009. These audits revealed HUF 202bn in unpaid taxes, 19.4pc more than a year before.
APEH collected HUF 147.8bn unpaid taxes during the first six months of 2009.