Under the new legislation, the tax allowance will increase for families with one child to 15,000 forints (EUR 37), to 30,000 forints with two and to 49,500 with three or more as of July 1 next year.
Zsófia Koncz, the state secretary for family affairs, said tax allowances for families raising children are set to double in line with the tax changes parliament approved in a vote on Tuesday.
“The political left however did not support Hungarian families this time either, they did not vote in favour of doubling the tax allowance that families with children are entitled to,” Koncz said on social media in reaction to the vote.
Under the legislation, the tax allowance will increase for families with one child to 15,000 forints (EUR 37), to 30,000 forints with two and to 49,500 with three or more as of July 1 next year, Koncz said.
In a phase to follow on January 1, 2026, the allowance is set to reach 20,000 forints per child, 40,000 forints per two and 66,000 forints for families with three or more children, respectively.
