Legislators want to abolish healthcare contribution of letting out properties next year.

 

According to the proposed tax package plan if you have income from letting out property, you only have to pay personal income tax, even if the amount exceeds 1 million forints. Therefore you can save 22 % healthcare contribution.

Here you can find the draft: T/15428.

Today everyone knows how important it is to sign a contract. If you do not have a written agreement, there is nothing you can do to solve possible future problems. For this reason we have written contracts, but in most of them the fee is just below the limit so that we could avoid paying 22 % of healthcare contribution.

 

In my opinion this tax cut will bring many benefits as follows:

  • Whiten the economy
  • Showing a new way to optimize tax payments
  • Provide a tool to handle the petty cash and the year end profit