More on tax credit
The personal income tax credit rate has been significantly simplified since January 1, 2014. As a single rule, a maximum of HUF 150,000 tax credit can be used for any type of cash deposit. That is, up to an annual payment of HUF 750,000, the State adds 20 percent to the amount paid.
Confirmation of the amount paid and the tax credit available will be sent by 31 January each year.
The tax credit is transferred by the NTC (National Tax and Customs) to the members’ IZYS account within 30 days of submitting the tax return. We do not deduct any amount from the tax credit. It is 100% credited to your individual account.
The tax credit can be used for any service without waiting time.