Hungary's Orbán announces yet another tax cut

Portfolio
From 2026, mothers with one child under the age of 30 will also pay no income tax, Prime Minister Viktor Orbán said.
Orbán Viktor 2024. november 8-án a budapesti informális EU-csúcs utáni sajtótájékoztatón.

From January 2026, mothers under 30 with one child will pay no income tax,

Prime Minister Viktor Orbán announced on Facebook after today's cabinet meeting.

We hope that more children will be born, but we also have a more easily understandable goal, and that is to ensure that mothers who have children and are raising them are not worse off financially than those who do not have children, he said, explaining the background to the decision.

In recent weeks, the government decided to exempt mothers with two or three children from paying personal income tax. Balázs Hankó, Minister of Culture and Innovation, said earlier that from January 2026 all mothers under 30 will be exempt from paying personal income tax on their entire income. The politician recalled that two years ago the government decided that mothers under 30 would be exempt from PIT up to their average salary,

but it has now been decided that their entire income will be tax-free.

Orbán said a dozen issues were discussed at today's cabinet meeting, the most important of which was the tax exemption for mothers under 30.

Cover photo: EU

 

More in Economy

benzin_3
February 27, 2026 13:45

Could the price of petrol really leap to HUF 1,000 a litre in Hungary?

The situation is more complex than it may seem at first glance

adó-munkaerőpiac-foglalkoztatás-szocho-adókedvezmény
February 27, 2026 09:46

The labour market situation is deteriorating in Hungary

Employment hits five-year low

D_MTI20260210007
February 27, 2026 09:18

Hungary's Orbán plans new steps with Fico to bring back Druzhba flow

Prime Minister speaks in regular interview

szijjártó péter
February 26, 2026 16:56

Ukraine summons Hungary's chargé d'affaires in Kyiv - MoFA

Conflict remains heated

Mol Dunai Finomító Dufi kőolajfinomító benzin naplemente
February 26, 2026 16:42

Hungary's Mol threatens Janaf, sets Friday deadline

The oil company may turn to the European Commission

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search