The new tax cuts are a great help for single parents

Today is Single Parents’ Day, which is celebrated every year on 21 March around the world to raise awareness of single-parent families and the importance of supporting them. The day aims to recognise those working mothers and fathers who raise and care for their children on their own. Since 2010, there are 100 000 fewer single-parent families with underage children in Hungary. Hungarian family policy places a strong emphasis on supporting single-parent families and has introduced a number of measures since 2010 to make life easier for them. The new family tax cuts - doubling the amount of the family tax allowance and tax exemptions for mothers of two and three children - are also helping single parents. The Mária Kopp Institute for Demography and Families (KINCS) has compiled a list of measures that specifically help one-parent families.