Women with two children exempted from income tax in Hungary

No tax for women with two kids as Hungary fights population decline

The Hungary government's goal is a fertility rate of 2.1 by 2035, which it says will reverse the population decline.

As part of Viktor Orban's nativeist policy, the Hungarian Parliament adopted on Tuesday a package of measures providing for a lifetime tax exemption for all mothers with at least two children as reported by CNews. Starting next year, this measure will first concern women under 40 years of age, before gradually expanding to mothers over 60 years of age by 2029, according to the text voted by a large majority.Since 2020, only mothers with four or …

The Hungarian Parliament is extending the lifetime tax exemption to mothers with two children to support the birth rate in the face of population decline.

Women with two children exempted from income tax in Hungary

Hungary on Tuesday passed a law exempting women with two or three children from paying income tax as part of a costly drive to try to reverse population decline.

Hungarian women with two children exempted from income tax

This is part of a costly drive to try to reverse population decline.

This tax advantage already exists for mothers with four or more children. By 2026, mothers under the age of 40 will be affected before a gradual extension to include mothers over the age of 60 by 2029.