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What kind of assistance can businesses engaged in agricultural activities expect?
Similarly to other sectors of the economy, businesses active in the sectors of agriculture listed below shall be exempt from paying taxes and contributions on employee salaries:
1 plant propagation (TEÁOR [NACE] and TESZOR 01.30),
2 growing of miscellaneous non-perennial crops (TEÁOR [NACE] and TESZOR 01.19),
3 growing of miscellaneous perennial crops (TEÁOR [NACE] and TESZOR 01.29),
4 wholesale of flowers and plants (TEÁOR [NACE] and TESZOR 46.22),
5 retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food (TEÁOR [NACE] and TESZOR 47.76),
6 wildlife management and related services (TEÁOR [NACE] and TESZOR 01.70),
7 distilled alcoholic beverage production (TEÁOR [NACE] and TESZOR 11.01),
8 production of wine from grapes (TEÁOR [NACE] and TESZOR 11.02),
9 beer production (TEÁOR [NACE] and TESZOR 11.05),
10 growing of grapes (TEÁOR [NACE] and TESZOR 01.21),
In these sectors, the only contribution to be paid by employees is the 4% health insurance in-kind contribution, the amount of which may not exceed HUF 7710.
In addition, farmers may establish an Agricultural Széchenyi Card overdraft facility free of charge, with a maximum 3-year term, the overdraft limit of which has also been doubled. This means that for overdraft facilities established until the end of the year, the maximum overdraft amount has been increased from HUF 100 million to HUF 200 million, and the interest and guarantee fee subsidy currently available from the Ministry of Agriculture has also been increased to 100 percent, along with the full reimbursement of such credit facility establishment and commitment fees.
Source: ITM [Ministry for Innovation and Technology] State Secretariat for Economic Strategy and Regulations
1 plant propagation (TEÁOR [NACE] and TESZOR 01.30),
2 growing of miscellaneous non-perennial crops (TEÁOR [NACE] and TESZOR 01.19),
3 growing of miscellaneous perennial crops (TEÁOR [NACE] and TESZOR 01.29),
4 wholesale of flowers and plants (TEÁOR [NACE] and TESZOR 46.22),
5 retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food (TEÁOR [NACE] and TESZOR 47.76),
6 wildlife management and related services (TEÁOR [NACE] and TESZOR 01.70),
7 distilled alcoholic beverage production (TEÁOR [NACE] and TESZOR 11.01),
8 production of wine from grapes (TEÁOR [NACE] and TESZOR 11.02),
9 beer production (TEÁOR [NACE] and TESZOR 11.05),
10 growing of grapes (TEÁOR [NACE] and TESZOR 01.21),
In these sectors, the only contribution to be paid by employees is the 4% health insurance in-kind contribution, the amount of which may not exceed HUF 7710.
In addition, farmers may establish an Agricultural Széchenyi Card overdraft facility free of charge, with a maximum 3-year term, the overdraft limit of which has also been doubled. This means that for overdraft facilities established until the end of the year, the maximum overdraft amount has been increased from HUF 100 million to HUF 200 million, and the interest and guarantee fee subsidy currently available from the Ministry of Agriculture has also been increased to 100 percent, along with the full reimbursement of such credit facility establishment and commitment fees.
Source: ITM [Ministry for Innovation and Technology] State Secretariat for Economic Strategy and Regulations