Starting from Wednesday, October 1st, mothers in Hungary with at least three children are fully exempt from paying personal income tax, the government announced. The move is part of what officials call a “family tax revolution,” aiming to make Hungary’s economy even more family-centered.
The benefit means mothers can save an average of nearly €300 per month. Combined with the doubled family tax allowance, a family with three children could receive up to €770 more per month, adding several thousand euros to annual household income.
Going against the tide in Europe on current family policy, Hungary offers an exceptional opportunity for families to gain real financial freedom. Balázs Orbán MP—Political Director of PM Viktor Orbán—stated
Hungary’s message is simple: supporting families is the foundation of the future.
