The tax exemption for large families enjoys broad support
Just six days after its introduction, 36,000 mothers with three children had declared their intention to claim tax exemption, Dr Zsófia Koncz pointed out at the joint press conference held by the Ministry of Culture and Innovation and KINCS. The State Secretary for Families described the tax exemption for working mothers with three children as a historic step. Following the tax exemption for mothers with four or more children, this is another milestone for large families. She stated that, while around 60,000 mothers have four or more children, approximately 250,000 mothers with three children will be eligible for tax exemption from 1 October, regardless of their or their children’s ages. Thanks to this measure, a mother of three with a gross monthly income of 400,000 HUF will save 60,000 HUF per month, or 720,000 HUF per year. Additionally, the family tax allowance will be doubled in January, providing a discount of 198,000 HUF for three children, which will also be applicable to contributions.
Tünde Fűrész presented the results of KINCS research examining the assessment of income tax exemption for mothers of three children. The president of KINCS emphasised that 91% of Hungarians have already heard about the tax exemption for mothers of three children, with three-quarters of whom supporting it and only 17% rejecting it. The survey also revealed that one in three Hungarian families (35%) has at least one member who does or will not pay personal income tax. Mostly respondents among the under-25 age group reported that there is a family member in their household exempt from income tax, but 53% of large families, 50% of those aged 18–29, and 40% of parents answered the same. The research also showed that Hungarians widely support benefits for families with multiple children. Nine out of ten respondents said that those who raise many children deserve more family support, and eight out of ten said that it is fair for families with multiple children to pay less tax. Furthermore, one in three people believes that having a large family is now trendy and fashionable. The more children someone has, the more likely they are to believe that living in a large family no longer carries a risk of poverty.
More about the research:
https://www.koppmariaintezet.hu/docs/Tamogatott_a_nagycsaladosok_adomentessege.pdf
