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NOVÁK: PROPERTY BUYERS ELIGIBLE FOR GOVT FAMILY SUPPORT WON'T HAVE TO PAY STAMP DUTY, VAT FROM JAN

 

Hungarians who enjoy the government’s family housing support (CSOK) will be exempted from paying tax on the purchase of a property, Katalin Novák, the minister for family affairs, said on Facebook. In a video message, she said the tax holiday could save families 2 million forints (EUR 5,500) in stamp duty on a house or flat worth 50 million, and 15.5 million altogether with a VAT rebate. Novák urged people to take advantage of the opportunity.