Taxes collected by Hungarian tax office APEH in January-September were 6.5pc under the target, APEH head Janos Szikora told a meeting of business association MGYOSZ on Wednesday.
APEH collected 92.5pc of the January-September target for personal income tax, 98.8pc of the target for VAT, 76.9pc of the target for corporate tax and 86.3pc of the target for employer contributions, Mr Szikora said. The drop in corporate tax reflects the growing amount of taxes companies asked to have suspended or pay in installments: HUF 43bn in January-September, up from HUF 31.2bn last year. The number of requests for suspensions or to pay in installments rose just 2pc. Companies are requesting suspensions now, unlike earlier, when they asked to pay in installments, he said. APEH is accepting more requests than it is denying, he added.
The amount of back taxes grew from HUF 1,632bn at the end of 2008 to HUF 1,835bn at the end of September as the number of companies under liquidation grew, Mr Szikora said. The amount of back taxes owed by operating companies fell to HUF 540bn from HUF 574.9bn.